253 W Old Orchard Trl - Car Washes FOR SALE


Coleman, MI 48618
$875,000 USD
989-450-3828
253 W Old Orchard Trl, Coleman, MI for Sale
$875,000 USD
Car Washes - FOR SALE
1/9
null | 12% Cap Rate

253 W Old Orchard Trl
Coleman, MI 48618


HIGHLIGHTS

  • Located immediately off a major highway corridor.
  • Recent 2024 equipment upgrades completed.
  • Features both automatic and self-service wash options.
  • The only reported car wash operating within Coleman.
  • Business value is included in the offering.
  • Positioned on approximately 1.43 acres with vehicle-friendly access.

OVERVIEW

253 W Old Orchard Trl presents an opportunity to acquire a car wash business and real estate asset positioned immediately off a major highway interchange in Coleman, Michigan. The property benefits from strong visibility and convenient vehicle access, supporting both local repeat customers and travelers moving through the region. Recent upgrades completed in 2024 include new self-service and automatic wash equipment, providing operational enhancements that may reduce near-term capital expenditure requirements for a new owner.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

12%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

ADD'L SUBTYPES

Car Wash

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,103 SF

ZONING

B2

APN/PARCEL ID

170-024-000-110-00

ASK ABOUT THIS PROPERTY

Ryan WeissSplash N DashMore Info
989-450-3828

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Ryan WeissSplash N DashMore Info
989-450-3828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.