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    660 Michigan Ave Saline, MI 48176

    Sponsored
    For Sale
    $2,250,000

    Profitable Car Wash, High Traffic Area

    Property size:
    2,866 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a thriving, established express car wash in Saline, Michigan. The property, located at 660 E Michigan Ave, boasts a substantial 2,866 square feet on a 1.4-acre lot. Its strategic position along Michigan Avenue, a high-traffic corridor with over 26,000 vehicles per day (VPD), ensures consistent customer flow. The car wash benefits significantly from its proximity to major employers and retail destinations. Across the street sits Faurecia Interior Systems' expansive 1,100,000 square foot manufacturing plant, employing over 500 people during the day. This contributes to a robust daytime population further amplified by its location between Walmart, Planet Fitness, Wendy's, McDonald's, and Saline High School, creating a dense concentration of potential customers. The asking price for this turnkey operation is $2,250,000. This presents a rare chance to acquire a well-established business in a high-demand location with significant growth potential. Please note that this is an operating business

    Property Features for 660 Michigan Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    2,866 SF
    Lot Size
    60,984 SF

    HighLights

    • Excellent investment opportunity: Zax Auto Wash, an express car wash in Saline, MI.
    • High‑traffic location on Michigan Avenue, boasting over 26,000 vehicles per day (VPD).
    • Across from a major employer: Faurecia Interior Systems' 1.1M SF manufacturing plant (500+ employees).
    • Strong daytime demographics: proximate to Walmart, Planet Fitness, Wendy's, McDonald's, and Saline High School.
    • Currently operating; please do not disturb employees.
    Property Profile Location Intelligence

    Current Use by Public Records

    Zax Auto Wash Car Wash

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Saline
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7684577
    Latitude
    42.1718785

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    FAQs

    What type of property is this?
    Automotive property - Profitable Car Wash, High Traffic Area
    Where is this automotive property located?
    The property is located at 660 Michigan Ave Saline, MI.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Excellent investment opportunity: Zax Auto Wash, an express car wash in Saline, MI.; High-traffic location on Michigan Avenue, boasting over 26,000 vehicles per day (VPD).; Across from a major employer: Faurecia Interior Systems' 1.1M SF manufacturing plant (500+ employees).
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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
    660 Michigan Ave Saline, MI 48176
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