Property summary
This exceptional commercial property presents a unique investment opportunity in the thriving North Olmsted, Ohio market. The 0.44-acre lot houses a well-established, 2,307 square foot Laser Wash car wash facility, built in 2006. The business boasts two automatic bays equipped with solidly maintained, touchless M5 technology. This turnkey operation offers a significant advantage for a prospective buyer, as the current owner/operator, who has been in business since its inception, is selling. The car wash enjoys a prime location on Lorain Road, benefiting from high visibility and convenient access near the Great Northern Mall and surrounding plazas. Historical data indicates steady and increasing annual revenue, making this a compelling investment with strong potential for continued growth. The asking price for this exceptional property and established business is $1,950,000. This is a rare opportunity to acquire a profitable, established business with a proven track record in a desirable location. The property's strategic placement ensures consistent customer traffic and a strong return on investment. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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