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26891547
26891535

2250 State Route 59, Kent, OH 44240

PP
OH 2014004042
Pappas Realty Co.
Listed by Pappas Realty Co.
$489,000
269 days on market
Updated 52 days ago

Clean Machine Car Wash | Self Service | Kent/Franklin Twp.

Details
APN 12-020-00-00-036-001
Property Type Business for Sale, Retail (+1)
Sub Type Car Wash
Square Footage 3,786
Units 1
Cap Rate 10.32%
NOI $50,467
Pro-Forma Cap Rate 15.5%
Pro-Forma NOI $75,805
Price per SqFt $129
Price Per Acre $336,538
Broker Co-Op Yes
Year Built 2000
Year Renovated 2018
Buildings 1
Stories 1
Lot Size (SqFt) 1.56
Zoning C-1 Local Commercial
Investment Type Owner/User
Occupancy Date 09/11/2025

Self Service & Automatic Car Wash For Sale!

Marketing description

Turn-Key Self-Service Car Wash w/upside! Create Passive Income!

Features:

  • 2 touch free automatic bays
  • 4 self-serve car wash bays
  • 6 vacuum stations
  • Automatic Touch Free takes cash/credit
  • Well maintained facility
  • Top of the line pumps and equipment

Sale Price: $489,000

Building Size: 3,786 SF

Land Size: 1.56 AC

Zoning: C-1 “Local Commercial”

Traffic: Approx. 10,000+ VPD

Parking: Ample

Location: Kent/Franklin Twp. 59 East of SR 43

For more information on this unique opportunity to purchase an existing car wash facility in Northeast Ohio, contact the Powers Brothers at Pappas Realty Co. 330.762.0535

Investment highlights

NOI: Current: $50,467 Potential: $75,805

Potential to expand services and increase revenue thru pet wash & cashless options!

Many recent equipment upgrades!

Listing Contacts

PP
OH 2014004042
Pappas Realty Co.
Listed by Pappas Realty Co.

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$50,467.00
$4,205.58/mo

Valuation Metrics

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DSCR
10.32%
Cap Rate
10.32%
ROI

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