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Description

Income Investment Opportunity! Bellaire Laundry & Car Wash consists of a 6,000 SF commercial strip mall with two 1,250 SF fully-leased retail units, 2,700 SF laundromat, 1,900 SF (3-bay) car wash and 448 SF equipment garage, 1,700 SF 3 bed/1.5 bath house on 12.9 acres - all zoned commercial.Laundromat is equipped with 26 washers, 25 tumblers, soap vending, and high security change machine. Credit card payment available on all washers, tumblers, and at the touchless car wash kiosk.Car wash is equipped with 2 self-serve bays, 1 touchless bay, 2 vacuums in concrete stand, car care vending center, and 2 high security change machines. Well-maintained equipment combined with net operating returns from this revenue stream effectuate optimal success. Revenues continue on an upwardtrajectory and expenses on a downward path as a result of business model changes.Long-term, 100% tenancy since October 2019.

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-21T12:03:00.33.
www.nexushomesearch.com/homes/118435357
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314 S Division Street Bellaire Vlg-Kearney Twp, MI 49615

  • Price: $1,450,000
  • Status: Active
  • Updated: 79 min ago
  • ID#: 71021023219
0
Beds
0
Baths
0
½ Baths
0.85
Acres
8,700
SQFT
$167
$/SQFT
1971
Built
Neighborhood:
Bellaire Vlg
County:
Antrim
Area:
Bellaire Vlg
School District:
BELLAIRE
Property Description
Income Investment Opportunity! Bellaire Laundry & Car Wash consists of a 6,000 SF commercial strip mall with two 1,250 SF fully-leased retail units, 2,700 SF laundromat, 1,900 SF (3-bay) car wash and 448 SF equipment garage, 1,700 SF 3 bed/1.5 bath house on 12.9 acres - all zoned commercial.Laundromat is equipped with 26 washers, 25 tumblers, soap vending, and high security change machine. Credit card payment available on all washers, tumblers, and at the touchless car wash kiosk.Car wash is equipped with 2 self-serve bays, 1 touchless bay, 2 vacuums in concrete stand, car care vending center, and 2 high security change machines. Well-maintained equipment combined with net operating returns from this revenue stream effectuate optimal success. Revenues continue on an upwardtrajectory and expenses on a downward path as a result of business model changes.Long-term, 100% tenancy since October 2019.
Exterior Features

Construction Materials BrickRib SidingSteel/MetalStone Lot Size Dimensions 382 X Irreg Road Frontage Feet 382 Road Frontage Type Paved

Interior Features

Commercial Utilities Security Alarm Heating Cooling Forced Air Heating Fuel Natural Gas Room Count 0

Property Features

Commercial Type Business And Real EstateBusiness Opportunity Current Use Laundry & Car Wash Listing Financing CashConventional Postal City Bellaire Sewer Sewer-SanitarySewer At Street Short Sale Unknown Tax Amount Summer 9161.9700 Total Tax 9161.9700 Unparsed Address 314 S Division Street Water Source 3rd Party UnknownMunicipal WaterWater At Street Year Remodeled 1985

IDX provided courtesy of Realcomp II Ltd., via Core Realty Partners Llc and West Michigan Lakeshore AOR MLS, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-21T12:03:00.33.
 
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RE/MAX Nexus
255 E. Brown St - Suite 205
Birmingham MI, 48009