683 11th Street, Hanover
$630,000
683 11th Street, Hanover
Total Monthly Obligation $3,216
No agent assigned
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.
Closing Costs
Total Monthly Obligation
No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.
*This analysis is independently generated NOT provided by TREB or CREA.
Comparables
Properties near 683 11th Street
Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.
Data is provided courtesy of PropTx.
The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.
Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).
The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Data last updated within the past 24 hours.