25056 Lorain Rd North Olmsted, OH 44070
- Land
- 0.44 lot acres
Current Use by Public Records
- North Olmsted Laser Wash / Car Wash
Property Details for 25056 Lorain Rd
- Lot size
- 0.44 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Olmsted
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.8993
- Latitude
- 41.4248