25056 lorain - Car Washes FOR SALE


North Olmsted, OH 44070
$1,550,000 USD
425-753-1211
25056 lorain, North Olmsted, OH for Sale
$1,550,000 USD
Car Washes - FOR SALE
1/3
null | Request Cap Rate

25056 lorain
North Olmsted, OH 44070


HIGHLIGHTS

  • OWNER/USER OPPORTUNITY – Opportunity to acquire the building, business and underlying real estate.
  • HIGH TRAFFIC – Exposure to ±19,700 vehicles passing by daily, providing excellent visibility and flow of customers.
  • SURROUNDING RETAIL – Close proximity to 5+ shopping centers within a ±2-mile radius which includes a Dick Sporting Goods, Aldi, Target, Ashley’s
  • STRONG DEMOGRAPHICS – Population of 63,497 people with an average household income of $138,333 within a 3-mile radius of the site.
  • REVENUE UPSIDE – Business is integrated with Touch4Wash software, enabling over 700 active users to pay and start the car wash directly
  • ADDITIONAL TAX BENEFITS – Car washes qualify for bonus depreciation which can create higher returns on investments. *Please consult with CPA

OVERVIEW

Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$672 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NORTH OLMSTED LASER WASH

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

231-36-004

ASK ABOUT THIS PROPERTY

Ayman SultanMatthews Real Estate Investment ServicesMore Info
425-753-1211

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Ayman SultanMatthews Real Estate Investment ServicesMore Info
425-753-1211

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.