Map
Listed price in listed location currency (USD).
$799,000

000

MLS® 20261050725

Overview

Key Facts

Type 
Levels Commercial Sale
Size 2094 sqft
Garage 
Taxes $4,086
Days Active 0
Lot Size 0.31 Acres
Approx. Age 1955
Avg. Price Per Sqft $381
MLS® Number 20261050725

Property Address: 6245 E 7 Mile Rd, Detroit, MI, 48234-2733

Average square foot calculated using Size range provided by listing agent.

Description

Diamond Glow Auto Wash – Business & Real Estate For Sale. Exceptional opportunity to acquire a fully renovated, turnkey express car wash with both the business and real estate included. The property offers zero deferred maintenance following comprehensive renovations and currently generates approximately $180, 000 in NOI, with a pro forma NOI of approximately $240, 000 through the recently installed SiteWatch system, representing an estimated $60, 000 in additional annual operational income. Ownership reports limited day-to-day oversight, creating an attractive low-management investment opportunity. Included in the sale is approximately $50, 000 in brand-new backup equipment, providing added value and operational security from day one. Offered at $799, 000, the investment provides an approximate 3–4 year payback on capital based on current performance, with additional upside through the projected pro forma income. Seller financing is available for qualified buyers.
MLS® Number20261050725
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1955
Basement
Driveway
Garage Spaces
HeatENERGYSTAR
A/C

Extras

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