$435,000
Three Rivers, MI 49093
MLS# 25013046
Status: Sold
6100 sqft
|
1 / 23
Property Description
Exceptional opportunity to acquire a high cash-flowing car wash business with a strong legacy in the Three Rivers market. Located at 1025 W Michigan Avenue, this well-established property has been in operation since the 1980s and is locally known as ''Soapy's Carwash.'' The site sits on over an acre in a high-traffic commercial corridor, just a half mile from US-131, with an average of 8,200 vehicles passing daily. Visibility, access, and local recognition make this a standout asset. The car wash features six self-service bays and a conveyor-style automated wash system powered by a Belanger system with new cloth lines. The facility includes coin-operated vacuum stations that are cleaned daily by staff, ensuring a consistently well-maintained customer experience. The operation runs on
Details
Maps
Location & Property Info
Cross Streets: W Michigan and Benjamin
Property Sub-Type: Retail
Area: St. Joseph County - J
Municipality: Three Rivers City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 73.77
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 161x253
Road Frontage: 161
Waterfront: No
Total # Units: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 6100
School District: Three Rivers
Lot Measurement: Acres
Lot Acres: 1.18
Lot Square Footage: 51401
Year Built: 1980
Tax Info
Taxable Value: 81300
SEV: 81300
For Tax Year: 2024
Seller's Annual Property Tax: 5329
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: 0
Tax ID #: 75 051 399 115 00
Remarks & Misc
Public Remarks: Exceptional opportunity to acquire a high cash-flowing car wash business with a strong legacy in the Three Rivers market. Located at 1025 W Michigan Avenue, this well-established property has been in operation since the 1980s and is locally known as ''Soapy's Carwash.'' The site sits on over an acre in a high-traffic commercial corridor, just a half mile from US-131, with an average of 8,200 vehicles passing daily. Visibility, access, and local recognition make this a standout asset.
The car wash features six self-service bays and a conveyor-style automated wash system powered by a Belanger system with new cloth lines. The facility includes coin-operated vacuum stations that are cleaned daily by staff, ensuring a consistently well-maintained customer experience. The operation runs on
Legal: See Public Record
Status Change Info
Sold Price/SqFt: 71.31
Under Contract Date: 2026-02-13
Sold Date: 2026-04-24
Sold Price: $435,000
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Retail: 1
Construction Type
Block: 1
Heat Source
Electric: 1
Sale Conditions
None: 1
Heat Type
Radiant: 1
Business Includes
Other: 1
Util Avail at St
None: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Negotiable: 1
Location Property Info
County: St. Joseph
Street #: 1025
Street Direction: W
Street Name: Michigan
Suffix: Avenue
State: MI
Zip Code: 49093
OfficeContract Info
Status: Sold
Current Price: $435,000
List Price: $450,000
Listing Date: 2025-04-02
Remarks Misc
Directions: From US 131 / Michigan Ave intersection in Three Rivers: E on W Michigan to location on left side of road
Property Features
Uses: Retail
Business Includes: Other
Construction Type: Block
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: None
Heat Source: Electric
Heat Type: Radiant
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Negotiable
Supplements
a natural gas boiler system that heats water to 80°F and provides radiant heat to the floors and walkways, allowing for efficient year-round operation. Recent updates include a professionally patched and improved rubber roof with a pea stone finish.
This turnkey business has reliable vendor relationships for cleaning supplies and equipment servicing, including a Grand Rapids-based suppliers. With limited direct competition in the area, the car wash offers strong market positioning and opportunity for expansion or new business development on the parcel.
Financial documents including profit and loss statements and tax return filings are available to qualified buyers with a bona fide offer. SBA financing is likely available, and lenders are already on standby, making this a smooth and accessible financing opportunity for both experienced operators and first-time business buyers.
Buyer remains interested but has not provided approved financing or a confirmed closing date. SBA financing is being pursued. Property is actively marketed and available for another buyer to proceed.
Listing Office: Keller Williams Professionals
Listing Agent: Jeffrey Glover
Last Updated: April - 24 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.