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1060 Pray Blvd, Waterville, OH, 43566

Ultra Car Wash Waterville
$4,600,000

Key Information

$ per SF
$1,008
Tot. SF
4,560
Lot Size
1.16 Acres
Year Built
2020
Type
Retail

Highlights

• Limited Competition – AW Auto Spa is the only car wash within a 10-mile radius, creating a significant competitive advantage and strong built-in demand. With minimal competition in the surrounding market, the site is well-positioned to continue growing both membership counts and overall wash volume without concern of nearby operators impacting performance.
• Growing Area – The area surrounding AW Auto Spa has continued to experience substantial growth, with several recent developments including AutoZone, StoryPoint Waterville, and Kroger. These additions are expected to further increase traffic flow, population density, and overall consumer activity within the trade area.
• Robust Membership Base – With over 1,500 active members, the site demonstrates strong community support and a recurring revenue foundation. Membership programs continue to be one of the most important drivers of profitability and operational stability in today’s car wash industry. Membership revenue in 2026 alone is already up more than 50%, highlighting both the momentum of the business and the long-term upside potential of the site.

Photos

Location

Agents

Broker of Record

Matt Wallace

License # BRKP.2024002419, REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113