Property profile

178 Rdg St Port Sanilac, MI 48469

OFF-MARKET
Commercial real estate
Property ID
US43-2775814
0.41 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,054 square foot car wash facility, located at 178 S Ridge St in Port Sanilac, Michigan, presents a unique investment opportunity. Built in 2001 and extensively renovated in 2022, this single-story building sits on a 0.41-acre lot (APN: 212-002-200-170-05) and is zoned for General Business use. The property boasts a modern Razor® Touchless Autowash system, featuring one automatic touchless bay and two manual wash bays, ensuring efficient operation and diverse service offerings. A computerized operating system streamlines management, while added amenities like vacuum stations, change machines, and vending machines enhance customer convenience. The high ceilings (13'6") accommodate large vehicles and boats, catering to a broader clientele. Currently operating at 100% occupancy, this turnkey business is ideally situated just half a mile from the marina, guaranteeing high traffic and strong revenue potential. The asking price is $299,950, translating to $98.22 per square foot. This represents a compelling opportunity to acquire a well-established and profitable business in a desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.41 ac (17,860 SF)
APN 212-002-200-170-05
UPID US43-2775814

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

178 Rdg St Port Sanilac, MI 48469-9717
Port Sanilac metro Census 970500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2025
Last sale
$237,000
3 recorded transactions
2025
Price N/A
2025
$237,000
2009
$175,150

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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