Financial
Distress signals
Property profile

8960 Water St Montague, MI 49437

OFF-MARKET
Commercial real estate
Property ID
US43-1139831
1,568 SF 0.55 ac lot
Last sale Oct 2025 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$84k
Effective rate6.37%

Value estimate

· Sep 2026
$155k
$140k – $171k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 409 recorded sales of this use type
Observed band · Q1–Q3$35 – $136
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2 COM
JurisdictionMUSKEGON

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.5
Auto Repair Shop9.4
Plumbing Service9.0

Location

8960 Water St Montague, MI 49437-1270
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8603 Water, Montague, MI 49437-1396 $184,000 Dec 2024 1,920 SF
8800 Fry, Montague, MI 49437-1293 $250,000 Apr 2023 1,950 SF
8691 Water, Montague, MI 49437-1205 $90,000 Oct 2022 1,754 SF
4574 Dowling, Montague, MI 49437-1265 $90,000 Oct 2022 2,100 SF
4976 Dowling, Montague, MI 49437-1191 $215,000 Jul 2021 1,752 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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