683 11th Street

Property facts

Price

$630,000

Type

investment

Bedrooms

0

Bathrooms

0

MLS®

X14032680

Status

active

Brokerage

ANALYST REALTY INC.

About this home

Turnkey Self-Serve Car Wash with Real Estate Included - An exceptional opportunity to acquire a cash-flow-positive, fully operational 24-hour self-serve car wash in the growing community of Hanover, Ontario. Situated on a high-visibility commercial site, this low-maintenance investment includes both the business and the underlying real estate. The property features self-serve wash bays and a dedicated truck wash bay, a convenient card-only payment system. There is over $$$160,000k in recent capital improvements: upgrades include enhanced equipment, electrical system improvements, security cameras, updated lighting, water softening systems, and more. Positioned on a 14,014 sq. ft. C3-zoned lot, the site offers future upside through the addition of vacuum stations and potential complementary automotive services, subject to municipal approvals. With no employees required for day-to-day operations and a proven 24-hour operating model, this asset presents an attractive opportunity for both owner-operators and passive investors seeking a stable, income-producing investment with growth potential.

Location