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Established Dry Cleaning Business Opportunity
For Sale
$109,900

815 GIBBS St, Caro, MI 48723

Profitable dry cleaning business with real estate for sale.

Property Size1,600 SF
Lot Size0.67 Acres
Price / SF$68.69
Days on Market156

Property Features for 815 GIBBS St

General Information

Standard status Active
Size 1,600 SF
Lot size 0.67 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,353

Building Details

Building Size 1,600 SF
Year Built 9999
Listing Agency: J McLeod Realty, Inc-Caro
Listed By: Darleen L Hood · License #6502110935
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J McLeod Realty, Inc-Caro

Investment Insights

Based on property information with market context.

Eastham Village Cleaners, Inc., a long-standing business in Caro, is available for purchase. The business has been a community fixture for over 100 years. The property includes over 1600 square feet of working space, featuring a 22x20 reception room, a 22x29 pressing room, a 21x19 laundry room, a half bathroom (5x5), and a boiler room. All equipment and fixtures are included in the sale. The building measures 13x22 and comes with two large lots and a large, asphalted parking lot. The business is currently open Monday to Friday, 8 am to 5 pm, presenting potential for expansion. The property and buildings are also available for sale separately. The building uses natural gas for its boiler.

Key Highlights

  • Established business with a long history (over 100 years) and loyal customer base.
  • Includes all equipment and fixtures necessary for operation.
  • Large working space (over 1600 sq. ft.) with dedicated rooms for reception, pressing, laundry, and boiler.**

Property Analytics

Current Use

Eastham's Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Building Supply Bakery (Bike/Boat/Book/etc) Store Real Estate Agency Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
McDonald's Dining
24,680 visits/mo 0.5 miles

Demographics for 48723, MI

11,953
Population
5,175
Households
2.3
Avg Household Size
45
Median Age
18%
College-Educated
91%
High-School Grad
131.8 sq mi
ZIP Area
91
Density / Sq Mi
$56,618
Median Household Income
$40,543
Median Earnings
$737
Median Rent
$131,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Profitable dry cleaning business with real estate for sale.
Where is this retail space located?
The property is located at 815 GIBBS St Caro, MI.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: Established business with a long history (over 100 years) and loyal customer base.; Includes all equipment and fixtures necessary for operation.; Large working space (over 1600 sq. ft.) with dedicated rooms for reception, pressing, laundry, and boiler.**
More about this property
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