29007 Lake Shore Blvd, Willowick, OH 44095
For Sale
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This exceptional car wash opportunity in Willowick, Ohio presents a lucrative investment prospect. Located at 29007 Lakeshore Blvd, this single-story, 1,980 square foot facility boasts a prime location and strong operational history. Built in 1995, the property features one automatic bay and four self-service bays, ensuring diverse revenue streams. The car wash is equipped with eight vacuums, a credit card reader, and recently upgraded equipment, reflecting a commitment to modern functionality and customer convenience. Significant improvements exceeding $45,000 have been made, including repainting and the installation of heated floors, enhancing both aesthetics and operational efficiency. The business also benefits from a touchless wash membership program accessible via a user-friendly app, fostering customer loyalty and recurring revenue. The asking price is $285,000, translating to $143.94 per square foot and representing a compelling value proposition given the property's features, upgrades, and established clientele. All supplies and tools are included in the sale, facilitating a seamless transition for the new owner. This turnkey operation is ready for immediate income generation, making it an ideal investment for savvy entrepreneurs seeking a profitable and established business. The property is situated in Lake County, Ohio, zip code 44095.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
U-1 · Willowick, OHWillowick. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.