Renovated High Income Producing, 3-Star Car Wash for Sale in Grove City, Ohio

3331 Broadway Grove City, Grove City, OH 43123

  • For Sale Bidding Starts at $910,000
  • Property Type Special Purpose
  • Property Size 2,009 SF
  • Lot Size 0.43 Acre
  • Cap Rate % 10
  • Additional Rent Contact for pricing
  • # of Floors 1
  • Property Tenancy Single Tenant
  • Year Built 2004
  • Year Renovated 2022
  • Date Updated Jan 9, 2025

FRE Auctions and JDS Real Estate Services, Inc in association with Bracket Real Estate, Inc are 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/501D21

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. As of 2024, Columbus boasts a population of approximately 920,000 residents, making it Ohio's largest city and 14th largest in the US. The city has a robust economy with a GDP exceeding $60 billion.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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.
  • Built in 2004 and renovated in 2022.
  • High traffic counts with over 23,227 vehicles per day on Broadway (US Route 62)
  • Located in an Opportunity Zone

Contacts

broker
Corrie Brashars

LFC Marketing Services, Inc.

Auction Specialist

Location

Getting Around

  • Walk Score ®

    53/100 Somewhat Walkable

  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City Grove City, OH
  • Zip Code 43123
  • Market Columbus

Points of Interest

  • Speedway

    0.32 miles

  • UDF Fuel

    0.37 miles

  • Shell

    0.39 miles

  • Turkey Hill

    0.79 miles

  • BP

    1.25 miles

  • Sunoco

    1.39 miles

  • Tesla Supercharger

    1.63 miles

  • GetGo

    1.66 miles

  • Grove City Park & Ride

    1.54 miles

  • bus parking

    4.00 miles

  • Broad & Southampton Park & Ride

    4.03 miles

  • City of Columbus Impound Lot

    4.16 miles

  • Great Southern Park & Ride

    4.33 miles

  • Westwoods Park & Ride

    5.12 miles

  • Lot 37E

    5.62 miles

  • Two Miranova Place Parking Garage

    5.71 miles

  • Gravity Parking 2

    5.74 miles

  • Star City Inn & Suites Motel

    0.36 miles

  • WoodSpring Suites Columbus Urbancrest

    0.69 miles

  • Motel 6 Grove City

    1.89 miles

  • Value Inn

    1.90 miles

  • Comfort Suites

    1.94 miles

  • Travelodge Grove City / So. Columbus

    1.94 miles

  • Comfort Inn

    1.99 miles

  • Days Inn Grove City Columbus South

    2.04 miles

  • Holiday Inn Express & Suites Grove City

    2.13 miles

  • Red Roof Inn Columbus/Grove City

    2.15 miles

  • McDonald's

    0.07 miles

  • Wendy's

    0.19 miles

  • Burger King

    0.20 miles

  • Subway

    0.23 miles

  • Domino's

    0.37 miles

  • DQ Grill & Chill

    0.38 miles

  • Jolly Pirate Donuts

    0.38 miles

  • Waffle House

    0.38 miles

  • Big Boy

    0.46 miles

  • Wing Street

    1.17 miles

  • Richard Avenue Elementary School

    0.51 miles

  • Brookpark Junior High School

    0.54 miles

  • Our Lady of Perpetual Help School

    0.70 miles

  • Monterey Elementary School

    0.91 miles

  • Park Street Middle School

    1.18 miles

  • Park Street Intermediate School

    1.20 miles

  • Kingston School

    1.29 miles

  • Sommer Elementary School

    1.32 miles

  • Southwestern Technical School

    1.52 miles

  • Central Crossing High School

    1.76 miles

  • Creative Child Care

    3.70 miles

  • Lima Academy Learning Center

    4.14 miles

  • Explore & Discover Academy

    4.24 miles

  • Bright Minds Daycare

    4.26 miles

  • Moonlight Childcare

    4.63 miles

  • My Little Academy

    4.76 miles

  • Teachable Moments @ Little Gems

    5.28 miles

  • Balanced Family Academy

    5.71 miles

  • Star Kidz Learning Center

    6.19 miles

  • Heavenly Kids Center for Early Learning

    6.48 miles

Frequently Asked Questions

How much does Renovated High Income Producing, 3-Star Car Wash for Sale in Grove City, Ohio cost?

The sale price for Renovated High Income Producing, 3-Star Car Wash for Sale in Grove City, Ohio is available upon request. Contact the listing broker for more information.

What is the total square footage of Renovated High Income Producing, 3-Star Car Wash for Sale in Grove City, Ohio?

Renovated High Income Producing, 3-Star Car Wash for Sale in Grove City, Ohio totals 2,009 square feet.

When was this property built?

Renovated High Income Producing, 3-Star Car Wash for Sale in Grove City, Ohio was built in 2004.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Corrie Brashars

LFC Marketing Services, Inc.

Auction Specialist