Coin Operated Car Wash

Retail-Commercial for Sale
Catylist Listing ID: 30519545
Property Subtypes: Car Wash
Building Size (RSF): 99 SF
Gross Building Area: See Agent
Gross Land Area: 1.07 Acres
Sale Price: $775,000
Unit Price: $7,828 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/27/2020

Overview / Comments

Great location. High traffic area. 8 bay car wash. 7 self serve bays and 1 touch free automatic bay with blowers. 8 vacuums. Low maintenance coin operated car wash. Land contract terms are 30% down payment, 5% interest, over 20 years. All data approximate and should be verified.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Southern I-275 Corridor
Tax ID/APN: 44003050061001
Zoning: COMMERCIAL
Property Located Between: On Cherry Hill between Inkster Road and Middlebelt Road
Property Visibility: Excellent
Feet of Frontage: 281
Lot Frontage: 281
Lot Depth: 174
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,588 163,933 366,789
Median Age: 35.81 38.53 37.99
Households: 7,556 64,996 146,489

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