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    FOR LEASE
    Car washes

    519 W Market St, Lima, OH 45801

    0.3 ac lot
    Individually Owned 11-yr Hold Free & Clear
    Property ID
    US66-1290515
    Property summary
    AI-generated overview

    This exceptional opportunity presents a well-established car wash business located in the heart of Lima, Ohio. Situated at 519 W Market St, this single-tenancy property boasts a prime downtown location and a substantial history, operating successfully for over 30 years. The 4,500 square foot building, measuring approximately 30 feet by 150 feet, sits on a 0.31-acre lot. Recent improvements include a new metal roof and a gas furnace, ensuring efficient and cost-effective operation. The property includes a small kitchen and waiting area, along with separate men's and women's restrooms, providing ample comfort for customers. The sale includes all business equipment and real estate, offering a turnkey solution for a new owner. The car wash offers full-service capabilities, catering to a wide range of customer needs. This established business, with its long-standing presence in the community and prime location, presents a rare opportunity for a savvy investor seeking a profitable and established enterprise in a thriving downtown area. The property is classified as Retail and Special Purpose, offering a unique blend of commercial and service-based operations. This is a remarkable chance to acquire a successful, long-term business with significant growth potential. The property is located in Allen County, Ohio, with a zip code of 45801.

    Property profile
    Verified
    Property type Car washes
    Use group CAR WASH
    Lot 0.3 ac (13,155 SF)
    APN 36-3608-08-004.000
    UPID US66-1290515
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Barbara A Forest · 11 yrs held
    Barbara A Forest
    since 2014
    1 recorded transaction
    2014
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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