8960 Water St, Montague, MI 49437-1270
This exceptional business opportunity presents a well-maintained, coin-operated car wash situated in the vibrant downtown Montague, Michigan. Located on the heavily trafficked Water Street, this highly visible property boasts excellent street frontage, ensuring consistent customer traffic. The 170-square-foot building encompasses three washing bays, designed for efficient operation and maximum throughput. Further enhancing customer convenience and revenue streams, the car wash includes a dedicated vacuum center and a vending area stocked with cleaning accessories. The property sits on a sizable 0.55-acre lot, offering ample space for potential expansion or future development. This turnkey operation is offered at $129,900 and represents a compelling investment opportunity for an entrepreneur seeking a profitable and established business in a desirable location. The car wash has a proven track record and is ready for immediate operation, requiring minimal initial investment beyond the purchase price. Financial records are available upon request, allowing prospective buyers to thoroughly assess the business's performance and potential. This is a rare chance to acquire a thriving business in a picturesque Michigan town. The property's prime location and established customer base make it an attractive proposition for both seasoned investors and first-time business owners. Don't miss this chance to own a piece of Montague's thriving commercial landscape.
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Teddy's Car Wash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C-2 COM · Montague, MIMontague. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.