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$ 450,000
Est. payment | /mo
6,100 SqFt
$ 450,000
Est. payment | /mo
6,100 SqFt
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 6,100 sqft
Price per Sqft $73
MLS Listing ID 65025013046
Year Built 1980
Lot Size 1.180 Acres
Acres 1.18
Property Description
Exceptional opportunity to acquire a high cash-flowing car wash business with a strong legacy in the Three Rivers market. Located at 1025 W Michigan Avenue, this well-established property has been in operation since the 1980s and is locally known as ''Soapy's Carwash.'' The site sits on over an acre in a high-traffic commercial corridor, just a half mile from US-131, with an average of 8,200 vehicles passing daily. Visibility, access, and local recognition make this a standout asset.The car wash features six self-service bays and a conveyor-style automated wash system powered by a Belanger system with new cloth lines. The facility includes coin-operated vacuum stations that are cleaned daily by staff, ensuring a consistently well-maintained customer experience. The operation runs on a natural gas boiler system that heats water to 80??F and provides radiant heat to the floors and walkways, allowing for efficient year-round operation. Recent updates include a professionally patched and improved rubber roof with a pea stone finish.
This turnkey business has reliable vendor relationships for cleaning supplies and equipment servicing, including a Grand Rapids-based suppliers. With limited direct competition in the area, the car wash offers strong market positioning and opportunity for expansion or new business development on the parcel.
Financial documents including profit and loss statements and tax return filings are available to qualified buyers with a bona fide offer. SBA financing is likely available, and lenders are already on standby, making this a smooth and accessible financing opportunity for both experienced operators and first-time business buyers.
Buyer remains interested but has not provided approved financing or a confirmed closing date. SBA financing is being pursued. Property is actively marketed and available for another buyer to proceed.
This turnkey business has reliable vendor relationships for cleaning supplies and equipment servicing, including a Grand Rapids-based suppliers. With limited direct competition in the area, the car wash offers strong market positioning and opportunity for expansion or new business development on the parcel.
Financial documents including profit and loss statements and tax return filings are available to qualified buyers with a bona fide offer. SBA financing is likely available, and lenders are already on standby, making this a smooth and accessible financing opportunity for both experienced operators and first-time business buyers.
Buyer remains interested but has not provided approved financing or a confirmed closing date. SBA financing is being pursued. Property is actively marketed and available for another buyer to proceed.
Location
State MI
County St. Joseph
Area Area75062Threerivers
Interior
Heating Electric, Radiant
Fireplace No
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Three Rivers
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.youtube.com/shorts/InGgn6s8Q7w
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Listed by Jeffrey Glover of Keller Williams Professionals