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991 South Lakeshore Drive
Lake City, MI 49431
Asking Price
Contact for price
Asset Type
Car Wash Special-purpose
Class
Class B
What's Special
Special Purpose <ul><li>Includes business, assets, and real property</li><li>High traffic year round: Between US 131 and US 75</li><li>Unique 3rd bay for boats, RVs, Side by Sides and ORV.</li><li>View of Lake Missaukee from the parking lot.</li><li>New Gin-San "SES" Carwash system fully installed in 2025.</li><li>Full cinderblock construction centered on a large lot.</li><li>In floor heated: All three bays / Boiler</li><li>High power electrical service connected externally 2025</li><li>Value of Gin-Sa
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
