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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

253 W Old Orchard Trl presents an opportunity to acquire a car wash business and real estate asset positioned immediately off a major highway interchange in Coleman, Michigan. The property benefits from strong visibility and convenient vehicle access, supporting both local repeat customers and travelers moving through the region. Recent upgrades completed in 2024 include new self-service and automatic wash equipment, providing operational enhancements that may reduce near-term capital expenditure requirements for a new owner.

Property Facts

Price $1,216,950 CAD
Price Per SF $405.65 CAD
Sale Type Investment
Cap Rate 12%
Sale Condition Business Value Included
Property Type Specialty
Property Subtype
Car Wash
  • Specialty Carwash
Building Class C
Lot Size 1.43 AC
Building Size 3,000 SF
No. Stories 1
Year Built/Renovated 1999/2024
Parking Ratio 22.33/1,000 SF
Zoning B2 - Business District

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.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
170-024-000-110-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$89,708 CAD
  • Listing ID: 40696824

  • Date on Market: 2026-05-28

  • Last Updated:

  • Address: 253 W Old Orchard Trl, Coleman, MI 48618

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