304 Muskingum Dr Marietta, OH 45750
- Car washes
- 832 SF
Current Use by Public Records
- Touchless Shine Car Wash / Car Wash
Property Details for 304 Muskingum Dr
- Year built
- 1995
- Property size
- 832 SF
- Property type
- Car washes
- APN
- 240016524000
- APU
- 240016524000
Description
This exceptional investment opportunity features two thriving, well-maintained touchless car washes in Marietta, Ohio. Strategically located at 304 Muskingum Dr and 1101 Gilman Ave, these properties benefit from high traffic and a loyal customer base. The portfolio boasts a combined square footage between 5,000 and 10,000 square feet, featuring four bays at each location. The Gilman Avenue location offers an added advantage with 58 mini storage units, generating additional revenue streams. Significant recent investment includes two brand-new, state-of-the-art touchless automatic car wash machines, totaling $500,000. The Gilman Avenue location also employs a full-time attendant. This portfolio offers a compelling 8% cap rate and a strong net operating income (NOI) of $328,117, making it an attractive proposition for discerning investors seeking a stable and profitable venture in a growing community. The asking price for this turnkey operation is $4,101,463. This is a rare opportunity to acquire a well-established and profitable business in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marietta
- County
- Washington
- State
- Ohio
- Longitude
- -81.4626
- Latitude
- 39.4374
- CBSA code
- 31930
- CBSA name
- MARIETTA, OH MICROPOLITAN STATISTICAL AREA
