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Auction. 3-Bay Automatic High Cap Rate Car Wash for Sale in Powell, Ohio

$1,120,000

8756 Owenfield Drive, Powell, OH 43065

Active
Last Updated: 01/13/2025

10

Cap Rate

2010

Year Built

Details:
Cap Rate:    10%
Year Built:    2010
Highlights:
  • Established 3 Bay automatic car wash built in 2010.
  • Just off high traffic corner of Route 23 and Powell Road
  • New kiosk equipment and monthly memberships
  • Additional car wash being sold by same owner in Grove City
Description:

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 Turnkey Car Wash situated on 0.62 Acres in Delaware County, Powell Ohio. FRe.com/502D13

Location Information:
Powell is a suburb of Columbus, Ohio. Located approximately 14 miles north of downtown Columbus, Powell is situated in Delaware County and has a population of around 14,113. It is known for its upscale neighborhoods, excellent public schools, and a community-oriented atmosphere. Residents enjoy a mixture of suburban living with easy access to the amenities and opportunities offered by the nearby city of Columbus

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.

Map:
Documents:
Title
502_Flyer_C1.pdf
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Location
Gallery