3950 Alpha Boulevard, Traverse City, MI 49685

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List Price
$2,750,000
Status
ACTIVE
MLS#
80074476
Days on Market
11
Year Built
1994
Acres
1.33
Living Area
4,050
Municipality
Garfield Twp
Region
Garfield Twp
Township
Garfield Twp

Property Description

This fully stabilized car wash offers a strong blend of modern equipment, efficient operations, and reliable cash flow. The site sits along a high traffic corridor, AADT count of 24,154, with 300 feet of frontage on US 31, and it features 4 self service bays and 2 in bay automatic washes. The property is well suited for both experienced operators and passive investors looking for a low maintenance, high margin asset with dependable performance. Nearly all supporting equipment throughout the facility has been updated, including new automatic units, creating a turnkey operation with minimal near term capital needs. The upgraded systems, streamlined layout, and durable customer demand position the asset for consistent returns. For a full list of recent upgrades and equipment improvements, please see the marketing package.

Additional Information

Lot Dimensions
193 x 290
Heating
Floor Furnace, Forced Air
Cooling
Other
Sewer
Public Sanitary
Foundation
Slab
Water
Private Well

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Listing Courtesy of Three West, LLC, Office Phone:

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.