$1,050,000
For sale: Other

Seize this rare opportunity to purchase a successful and established car wash located in Komoka, in an affluent community just outside London. Excellent Investment Opportunity in Komoka, Ontario. Free Standing 4-Bay Car Wash, which includes 2 vacuums and a coin machine &office area. Total Building Area: Car Wash: 3,280 SF car wash area which is currently rented to a tenant for operations. Front Hair Salon: approx. 420 SF - Front Area leased to a Hair Salon tenant. Located directly on Komoka Road, near St. Clair St. Solid Brick building. Well maintained building. Zoning: C1-16 - Village Commercial. Site Area: approx. 0.376 acres. Asking Price: $1,050,000 include the property and car wash business. Steady Income year to year. Additional income is obtained from vending machine.
Sold data
Homes in Komoka took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 50, across 30 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 99 days.
The median sale price was $874,950.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 27% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 30 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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