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6245 E 7 Mile Road, Detroit city, Michigan

$799,000

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2,094

Square feet

0.31

Acres

About 6245 E 7 Mile Road

Diamond Glow Auto Wash – Business & Real Estate For Sale. Exceptional opportunity to acquire a fully renovated, turnkey express car wash with both the business and real estate included. The property offers zero deferred maintenance following comprehensive renovations and currently generates approximately $180,000 in NOI, with a pro forma NOI of approximately $240,000 through the recently installed SiteWatch system, representing an estimated $60,000 in additional annual operational income. Ownership reports limited day-to-day oversight, creating an attractive low-management investment opportunity. Included in the sale is approximately $50,000 in brand-new backup equipment, providing added value and operational security from day one. Offered at $799,000, the investment provides an approximate 3–4 year payback on capital based on current performance, with additional upside through the projected pro forma income. Seller financing is available for qualified buyers.

Features of 6245 E 7 Mile Road

MLS® # 20261050725
Price $799,000
Bathrooms 0.00
Square Footage 2,094
Acres 0.31
Year Built 1955
Type Commercial
Status Active

Community Information

Address 6245 E 7 Mile Road
Area 05051 - Det 6-8 Dequindre To Conner
Subdivision KOLOWICH GEO J
City Detroit city
County Wayne
State Michigan
Zip Code 48234

Amenities

Is Waterfront No
Has Pool No

Interior

Heating ENERGY STAR Qualified Furnace Equipment, Natural Gas
Fireplace No

Exterior

Construction Other

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeICON Realty Experts, LLC
Contact Infojosephjcrea@gmail.com

Listing Map

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