Property summary
This exceptional turnkey business opportunity presents a thriving car wash located at 1856 W Houghton Lake Dr, Houghton Lake, MI 48629. The 4,780 square foot facility sits on a 0.86-acre lot and enjoys a prime location on a major thoroughfare with an estimated 18,000 vehicles passing daily (VPD), ensuring high visibility and consistent customer traffic. The car wash caters to both local residents and tourists, offering a unique service for boats, personal watercraft (PWC), and other vehicles, a rare advantage in the area. Adding to its profitability, the property includes fourteen self-storage units at the rear, boasting a strong retention rate. This established business benefits from its proximity to major national retailers such as Walmart, Home Depot, Dunham's, Taco Bell, and McDonald's, further enhancing its customer base. The asking price is $475,000, and the sale includes all business assets, equipment, and real estate. This presents a rare opportunity to acquire a well-established, profitable business with significant growth potential. The property also qualifies for bonus depreciation, offering additional tax advantages for the buyer. This is a truly turnkey operation ready for immediate ownership and income generation.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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