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314 S Division Street

Bellaire, MI 49615
  • $1,450,000
  • STATUS: Active
  • ON SITE: 167 Days
  • MLS #: 21023219
UPDATED: 57 min ago
$1,450,000
  • 0
    BEDS
  • 0.85
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 8,700
    SQFT
  • $167
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1971
County:

School Ratings & Info

School District:

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 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-12-02T19:59:59.603.
www.localkalamazoohomes.com/homes/118435493
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314 S Division Street Bellaire, MI 49615

  • Price: $1,450,000
  • Status: Active
  • On Site: 167 Days
  • Updated: 57 min ago
  • MLS #: 21023219
0
Beds
4
Baths
0
½ Baths
0.85
Acres
8,700
SQFT
$167
$/SQFT
1971
Built
Neighborhood:
Bellaire Vlg-Kearney Twp
County:
Antrim
Area:
T92 - Bellaire Vlg-Kearney
School District:
Bellaire Public
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 Type Steel Exterior Material BrickMetal SidingStone Finished Building Levels 1.00 Lot Dimensions 382 X Irreg Number Of Buildings 3.00 Road Frontage 382.00 Street Type PavedPublic Water Access No Waterfront No

Interior Features

Below Grade Basement Heat Source Natural Gas Heat Type Forced Air Interior Features Security System Tot Bldg Sq Ft Gross 8700.00

Property Features

Annual Property Tax 9161.97 Association West Michigan Lakeshore Association Of Realtors Auction Or For Sale For Sale Business Includes EquipmentReal Estate Commercial Type Business Opportunity Current Use Laundry & Car Wash Homestead Percentage 0.00 Mineral Rights Unknown New Construction No Sale Conditions None Sewer Public Tax Year 2020 Terms Available CashConventional Uses OtherRestaurantRetail Util Avl At Street CableElectricNatural GasPublic SewerPublic WaterTelephone Utilities Attached ElectricNatural GasTelephone Water Public

Listing provided courtesy of Bryan D Bench of Core Realty Partners Llc. © 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-12-02T19:59:59.603.
 
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