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    505 Erie St Houghton Lake, MI 48629

    Sponsored
    For Sale
    $125,000

    COMMERCIAL - Houghton Lake, MI

    Days on Market:
    223
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 505 Erie St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Bs Opp Only
    APN
    Bs Opp Only

    Coldwell Banker Schmidt REALTORS Houghton & Higgins Lakes (989) 366-5522

    Listing agent Ruth Anne Clemens (989) 429-3100

    Listing date May 28, 2025

    Copyright © 2025 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Power Washing Business Opportunity

    This is an opportunity to acquire a professional power washing company that has been operating in the county for 27 years. The business utilizes both hot and cold water applications. Included in the sale is equipment such as a 2001 2500 Chevy Silverado, two trailers that hold two hot water units, a cold water unit, and all other necessary equipment to continue operations. The sale includes an extensive customer list. The current owner is willing to provide training to the new owner. Furthermore, the seller is willing to stay on to assist and promote the business for up to two years at an agreed-upon hourly wage. The property is located in Houghton Lake, Michigan.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Car washes

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness Auto Parts Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houghton Lake
    County
    Roscommon
    State
    Michigan
    Longitude
    -84.76158
    Latitude
    44.305788

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    FAQs

    What type of property is this?
    Car wash - Profitable power washing business with equipment and customer list included.
    Where is this car wash located?
    The property is located at 505 Erie St Houghton Lake, MI.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Established Power Washing Business: Benefit from 27 years of operation and an extensive customer list.; - Complete Equipment Package: Includes Chevy Silverado, hot and cold water units, and necessary equipment.; - Training Provided: The current owner will train the buyer.
    (989) 429-3100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 Erie St Houghton Lake, MI 48629
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