83 W Fourth St - Car Washes FOR SALE


Suttons Bay, MI 49682
$425,000 USD
231-633-2577
83 W Fourth St, Suttons Bay, MI for Sale
$425,000 USD
Car Washes - FOR SALE
1/5
null | 10.59% Cap Rate

83 W Fourth St
Suttons Bay, MI 49682


HIGHLIGHTS

  • The only car wash in the entire county
  • Mostly autonomous business
  • Seller's manager will stay on to help with transition

OVERVIEW

Rare Opportunity to acquire the only carwash in Leelanau County. Three self serve bays and one automatic wash. Multiple vacuums, a bill changer and vending machine. Sale includes land, buildings and all equipment. Rental income shown on this listing is amount seller pays to himself. Gross revenues hover around $120,000.00 annually.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

10.59%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

Commercial-

APN/PARCEL ID

043-828-001-50

ASK ABOUT THIS PROPERTY

Carole HigginsCygnus Real EstateMore Info
231-633-2577

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Carole HigginsCygnus Real EstateMore Info
231-633-2577

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