4686 Indianola AveColumbus, OH 43214

For Sale
$1,400,000

Established Car Wash, Prime Location, Owner Financing Available

Overview

Added:
Dec 11, 2024
Days on market:
91
This profitable Columbus car wash, located at 4686 Indianola Avenue, presents a unique investment opportunity. Built in 1964 and situated on two parcels totaling nearly an acre (11,761.2 sq ft), this property boasts a prime location with high visibility, just minutes from I-71 and less than 20 minutes from Easton Town Center and under 30 minutes from Downtown Columbus. The car wash has been in operation since the late 1950s and includes updated equipment and on-site maintenance personnel. Adding to its revenue streams are vending machines selling car accessories and cleaning supplies. The asking price is $1,400,000, translating to $250.90 per square foot. The property's versatility allows for continued operation as a car wash, structural conversion, or new construction. Its proximity to a COTA park and ride and a proposed rail system connecting Columbus to Cleveland and Cincinnati further enhances its long-term value. The seller is open to owner financing, making this an attractive proposition for serious investors. This is a true cash cow with significant upside potential. Located in Franklin County, Ohio, zip code 43214.

Highlights

  • Profitable Columbus car wash, asking $1,400,000 ($250.90/SF).
  • Located on nearly an acre (11,761.2 sq ft) at 4686 Indianola Avenue, Columbus, OH 43214.
  • High-visibility location, minutes from I-71, near Easton Town Center.
  • Established business (operating since late 1950s) with updated equipment and on-site maintenance.
  • Multiple revenue streams including vending machines.
  • Versatile property suitable for continued car wash operation, conversion, or new construction.

Property Details for 4686 Indianola Ave

Property type
Other specialty properties, Automotive properties
Year Built
1964

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
40.0603608
Longitude
-83.000296
4686 Indianola Ave, Columbus, Ohio

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4686 Indianola Ave
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