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$ 500,000
Est. payment /mo
Active
1025 W Michigan Avenue Three Rivers, MI 49093
6,100 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,100 sqft
Price per Sqft $81
Municipality Three Rivers City
MLS Listing ID 25013046
Year Built 1980
Annual Tax Amount $5,329
Tax Year 2024
Lot Size 1.180 Acres
Acres 1.18
Lot Dimensions 161x253
Property Sub-Type Retail
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. 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.
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. 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.
Location
State MI
County St. Joseph
Area St. Joseph County - J
Direction From US 131 / Michigan Ave intersection in Three Rivers: E on W Michigan to location on left side of road
Interior
Heating Radiant
Exterior
Utilities Available Natural Gas Connected, Electricity Connected
View Y/N No
Building
New Construction No
Schools
School District Three Rivers
Others
Tax ID 75 051 399 115 00
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Keller Williams Professionals