3331 Broadway - Car Washes FOR SALE


Grove City, OH 43123
$910,000 USD
949-706-6118
3331 Broadway, Grove City, OH for Sale
$910,000 USD
Car Washes - FOR SALE
1/8
null | 10% Cap Rate

Feb '25


3331 Broadway
Grove City, OH 43123


HIGHLIGHTS

  • Cash producing two bay touchless carwash.
  • Cap rate currently at 9.75% and a cash yield of 8.9%.
  • Newly installed Laser Wash 360 Plus systems.
  • High traffic counts with over 23,227 vehicles per day on Broadway (US Route 62)
  • Built in 2004 and renovated in 2022.
  • Located in an Opportunity Zone

OVERVIEW

FRE Auctions is pleased to present the Online Auction Plus® Event (allows for contingencies) for this Turn-Key Cash Producing Carwash situated on 0.43 Acres in Grove City, Ohio (a suburb of Columbus). FRE.com/501D6 Location Information: Grove City is a suburb of Columbus, Ohio. Located approximately eight miles southwest of downtown Columbus, it offers residents a blend of suburban living with easy access to the amenities of the larger city. Grove City has a population of around 42,757 and features a variety of parks, schools, and local businesses, making it an attractive place for families and young professionals alike. The city is well-connected by major roadways, including I-71 and I-270, facilitating convenient commutes to Columbus and surrounding areas. Columbus has been one of the fastest-growing cities in the U.S., driven by its strong job market, quality of life, and vibrant cultural scene. The city’s growth is fueled by both domestic migration and international newcomers, contributing to its expanding urban footprint and revitalized neighborhoods.

FOR SALE DETAILS

PRICE

$910,000 USD

PRICE/SF

$453 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

AUCTION. High Cap Rate Car Wash Grove City OH

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

-

APN/PARCEL ID

161-000127,161-000127-00,161-000845-00,161-000846,161-000847-00

ASK ABOUT THIS PROPERTY

Corrie BrasharsLFC Communications, Inc., Dba FREMore Info
949-706-6118

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Corrie BrasharsLFC Communications, Inc., Dba FREMore Info
949-706-6118

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