
Listed by P.A. Commercial Corporate & Investment Real Estate
$595,000
37521 Green Street
Details
Property Type Retail, Special Purpose
Sub Type Car Wash
Square Footage 3,866
Units 50
Cap Rate 3.48%
NOI $20,719
Occupancy 100%
Price per SqFt $154
Class B
Year Built 1984
Year Renovated 2011
Buildings 1
Acreage 1.000
Zoning GC
Investment Type Stabilized
Ground Lease No
(6)-Bay Car Wash in Excellent Condition
Marketing description
Immediate cash flow with this six (6) bay manually operated car wash. Very well maintained with all mechanicals updated. Three (3) coin operated vacuums, quarter machine, and vendor machine. Includes fenced yard with trailor parking.
Fully operational with consistent customer base. Great location near Lake St. Clair on 1.05 acres.
Investment highlights
High-bay area for trucks
Six (6) bays, all manually operated
1.05 acre site with rear fenced area for parking or outside storage
Potential for outside storage in the rear
Fenced Lot
Listing Contacts

Listed by P.A. Commercial Corporate & Investment Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$20,719.00
$1,726.58/mo
Valuation Metrics
0
DSCR
3.48%
Cap Rate
3.48%
ROI
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