1025 W Michigan Ave

Exceptional opportunity to acquire a high cash-flowing car wash business with a strong legacy in the Three Rivers market. Located at 1025 W Michigan Avenue, this well-established property has been in operation since the 1980s and is locally known as ''Soapy's Carwash.'' The site sits on over an acre in a high-traffic commercial corridor, just a half mile from US-131, with an average of 8,200 vehicles passing daily. Visibility, access, and local recognition make this a standout asset.The car wash features six self-service bays and a conveyor-style automated wash system powered by a Belanger system with new cloth lines. The facility includes coin-operated vacuum stations that are cleaned daily by staff, ensuring a consistently well-maintained customer experience. The operation runs on a natural gas boiler system that heats water to 80??F and provides radiant heat to the floors and walkways, allowing for efficient year-round operation. Recent updates include a professionally patched and improved rubber roof with a pea stone finish.

This turnkey business has reliable vendor relationships for cleaning supplies and equipment servicing, including a Grand Rapids-based suppliers. With limited direct competition in the area, the car wash offers strong market positioning and opportunity for expansion or new business development on the parcel.

Financial documents including profit and loss statements and tax return filings are available to qualified buyers with a bona fide offer. SBA financing is likely available, and lenders are already on standby, making this a smooth and accessible financing opportunity for both experienced operators and first-time business buyers.

Buyer remains interested but has not provided approved financing or a confirmed closing date. SBA financing is being pursued. Property is actively marketed and available for another buyer to proceed.