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Renovated High Income Producing, 3-Star Car Wash for Sale in Grove City, Ohio
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Auction #
501 -
Interior Space:
± 2,009 SF -
Lot Size:
±0.43 acres -
Transaction Fee:
6% -
Broker1%
Co-op:
Renovated High Income Producing, 3-Star Car Wash for Sale in Grove City, Ohio
Specialty Property For Sale in Grove City, OH
3331 Broadway , Grove City, OH 43123FRE 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).
Property Information:
- 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
- Additional carwash available at 8756 Owenfield Dr. Powell, OH 43065. Auction 502. CLICK HERE
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.
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Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: BRACKET REAL ESTATE, INC
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.
Conditions may be included with your bid
How to Bid
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1Set up a free user accountFree registration with no obligation. Your account provides access to additional information and documents, as well as email updates.
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2Search & SelectThe Future of Real Estate features real estate from the USA and international. Utilize our advanced search criteria to narrow down your selection.
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6Winner is DeclaredBuyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
ADD PROPERTY TO FAVORITES
Conditions may be included with your bid
Grove City, OH 43123
Conditions may be included with your bid
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Franklin County
Grove City, OH -
Property Type: Commercial Property
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Interior Space: ± 2,009 SF
-
Lot Size: ±0.43 acres
-
Transaction Fee: 6%
-
Broker Co-op: 1.00%
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).
Property Information:
- 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
- Additional carwash available at 8756 Owenfield Dr. Powell, OH 43065. Auction 502. CLICK HERE
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.
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access Agreement
Financing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: BRACKET REAL ESTATE, INC
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.