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253 W Old Orchard Trl - Car Wash 3,000 SF Specialty Building Offered at $1,216,950 CAD at a 12% Cap Rate in Coleman, MI 48618



Investment Highlights
- Located immediately off a major highway corridor.
- Features both automatic and self-service wash options.
- Business value is included in the offering.
- Recent 2024 equipment upgrades completed.
- The only reported car wash operating within Coleman.
- Positioned on approximately 1.43 acres with vehicle-friendly access.
Executive Summary
Property Facts
About 253 W OLD ORCHARD TRL , COLEMAN, MI 48618
The site consists of approximately 1.43 acres and is improved with a single-story car wash facility. According to the marketing materials, the property is the only car wash operating within the city, creating a unique competitive position within the local market. The combination of self-service and automatic wash options allows the facility to serve a broad customer base and accommodate varying consumer preferences. Coleman is located within Michigan's Great Lakes Bay Region, providing access to surrounding communities throughout Midland County and neighboring employment centers. The property's location near the highway network supports regional accessibility and convenience for motorists traveling through the area. Investors may find value in the property's established operating history, recent capital improvements, and existing income stream reflected in the advertised cap rate.
Property Taxes
| Parcel Number | 170-024-000-110-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $89,708 CAD |
Property Taxes
Presented by
Splash N Dash
253 W Old Orchard Trl - Car Wash
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