Two-Bay Car Wash with Dog
For Sale
$999,999
113 M553 Highway, Gwinn, MI 49841
COM/IND/BUS OPP, Gwinn, MI
Property Size3,136 SF
Lot Size1.21 Acres
Price / SF$318.88
Days on Market331
Property Features for 113 M553 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed Use
Zoning description
Mixed Use
Parking features
Parking Lot
Lot features
Main Street, Utilities Underground, Cleared
Subdivision
Forsyth Twp (52009)
Standard status
Active
Size
3,136 SF
Lot size
1.21 Acres
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Automotive
Automotive Uses
car wash
Car Wash Format
self-serve bays, in-bay automatic
Vacuum Stations
3
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9529
Utilities
Water source
Well
Amenities
automated entry doors
heated concrete
heated dog wash
bathroom
change machine
snack machine
supply vending
seating area
camera system
heated drainage system
in-floor heat
water softener
reverse osmosis
soap dispensing system
smartphone monitoring
monument sign
Building Details
Year built
2014
Roof type
Metal
Listing Agency:
RE/MAX 1ST REALTY · RE/MAX International
(906) 225-1136
Listed By:
FRAN SEVEGNEY
(906) 869-7465
Added: Dec 2, 2025
Changed: Oct 21
Last Checked: Oct 29 at 12:06AM
MLS# 50195574
Copyright © 2026 Upper Peninsula Association 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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2014, this 3,136-square-foot car wash has two bays: an 11'6" self-serve bay and a 7'3" automatic bay. Customer amenities include three vacuum islands, a heated dog wash, a restroom, vending machines, a change machine and a seating area. Automated entry doors serve the bays, and heated floors extend through the building and exterior entry and exit pads.
The 1.21-acre site is paved and includes a highway monument sign. Equipment includes a camera system, heated drainage, water softening, reverse osmosis for spot-free rinsing and automated soap dispensing, with controls accessible by smartphone. The property has a drilled well, township sewer, natural gas, electricity and cable/internet service. Zoning is mixed use.
The 1.21-acre site is paved and includes a highway monument sign. Equipment includes a camera system, heated drainage, water softening, reverse osmosis for spot-free rinsing and automated soap dispensing, with controls accessible by smartphone. The property has a drilled well, township sewer, natural gas, electricity and cable/internet service. Zoning is mixed use.
Key Highlights
- Two wash bays: 11'6" self‑serve and 7'3" automatic
- 3,136‑square‑foot building constructed in 2014
- 1.21‑acre paved site with a highway monument sign
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,434
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$868,680
$868.7K
Cap Rate 7%
$620,486
$620.5K
Cap Rate 9%
$482,600
$482.6K
Market Conditions
NOI Build-Up for 3,136 SF
Gross rent
$59.5K $18.96/SF
− Vacancy
−$1.5K −$0.49/SF
EGI
$57.9K $18.47/SF
− OpEx
−$14.5K −$4.62/SF
NOI
$43.4K $13.85/SF
Area
Marquette County, MI
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$868,680
Cap Rate 7%
$620,486
Cap Rate 9%
$482,600
Alternative Uses
Best Use
Specialty Retail
$620.5K
$542.9K – $723.9K
NOI $43,434 @ 7.0% cap · market cap 4.34%
Second Best
Retail
$549.8K
$481.1K – $641.4K
NOI $38,486 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$923.6K
$808.2K – $1.08M
NOI $64,652 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Kwik Trip
Shops & Services
13,494 visits/mo
0.4 miles
Demographics for 49841, MI
7,193
Population
3,847
Households
1.9
Avg Household Size
41
Median Age
24%
College-Educated
96%
High-School Grad
227.6 sq mi
ZIP Area
32
Density / Sq Mi
$61,337
Median Household Income
$34,437
Median Earnings
$731
Median Rent
$150,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Self service car wash - Mixed-use zoning accompanies a car wash with self-serve and automatic wash options.
Where is this self service car wash located?
The property is located at 113 M553 Highway Gwinn, MI.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two wash bays: 11'6" self‑serve and 7'3" automatic; 3,136‑square‑foot building constructed in 2014; 1.21‑acre paved site with a highway monument sign
