617 Mitchell St, Cadillac, MI 49601

2,970 SF Specialty Building Offered at $3,250,000 in Cadillac, MI 49601

Asking Price $3,250,000

Property Type
Specialty
Square Feet
2,970 SF
Price / Square Foot
$1,094

Listing Contacts

Dylan Price
Dylan Price
  • Property Info

Property Overview

Commercial Plus, LLC, is proud to present Lakeside Auto Wash, located in Cadillac, Michigan—a prime express car wash acquisition opportunity in a growing community. Positioned along Business US Highway 131, it enjoys excellent visibility with over 27,400 vehicles passing daily. The area is predominantly commercial, with various local and national businesses nearby. The surrounding residential density is home to over 18,400 residents within a 5-mile radius. Acquired in 2004 and fully renovated in 2005, Lakeside Auto Wash features a 106-foot express tunnel equipped with Motor City and MacNeil equipment, two coin/cash-operated vacuums, and a 0.38-acre +/- lot with space for upgrades.

Property Details

Class
C
Year Built
2005
Stories
1
Property Subtype
Car Wash
Lot Size (sq. ft)
16,553 SF

Highlights

  • Real Estate Included
  • Last Twelve Months (LTM) Cash Flow Over $450,000 As of February 2024
  • Completely Renovated in 2005
  • Direct Access and Visibility Off US Highway 131
  • Exposure to Over 27,000 Vehicles Per Day
  • Centrally Located to Commercial Density

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