529 W Mt Hope Avenue

Lansing, MI 48910 / None

MLS ID# 262140 Closed
Commercial Sale

Closed $87,000

0.23 acres


Description

This is a great investment opportunity! This car wash is in a great location on Mt. Hope Ave. This self-service Car Wash is now available for purchase and ready for you to start making money! Reasonable operating cost, very little maintenance, and a... show more
  • Street # 529
  • Street Direction W
  • Street Name Mt Hope
  • Suffix Avenue
  • City Lansing
  • State MI
  • Zip Code 48910
  • School District Lansing
  • Key CLA
  • TownshipTax Authority Lansing City
  • County Ingham
  • Subdivision None
  • Legal LOTS 1 & 2 ROCKFORD SUB
  • Directions Corner of Mt. Hope Ave and Osband

General Property Info

  • Property Sub-Type Commercial Sale
  • Building 1 Description Car wash
  • Year Built 1964
  • Foundation Size 5320
  • Above Grade Finished Area 5320
  • Living Area Source Other
  • Lot Size Dimensions 80x127.5
  • Lot Acres 0.23
  • Cross Street Osband

Tax Info

  • State Eq Value 24800
  • Eq Year 2021
  • Taxes 1960
  • Tax Year 2019
  • Parcel # 33010128103001
  • Taxable Value 24741
  • Taxable Value Year 2021
  • Zoning Industrial

Compensation Info

  • Buyer Agency Compensation 3.00%
  • Sub Agency Compensation 0.00%

Details

  • Current Use

    Industrial, Other

  • Income & Expenses

    Annual Income:40000, Utilities:8063, Repair Maintenance:1600, Insurance:1200, Tax Expense:1960, Item 1 Expense:Materials, Item 2 Expense:1617, Total Expense:14440, Net Operating Income:25560

  • Security Features

    Closed Circuit Camera(s), Security System Owned

  • Misc Business Info

    Roof Type:Metal

  • Appliances

    Water Softener Owned

  • Laundry Features

    None

  • Other Structures

    Shed(s)

  • Basement

    None

  • Exterior

    Block, Concrete

  • Parking Features

    Paved

  • Fencing

    Partial, Privacy, Wood

  • Water Source

    Public

  • Sewer

    Public Sewer

  • Roof

    Metal

  • Road Frontage Type

    City Street

  • Road Surface Type

    Paved

  • Heating

    Forced Air, Hot Water, Radiant Floor

  • Cooling

    None

  • Utilities

    Electricity Connected, Natural Gas Connected, Water Connected

  • Land & Acreage

    Up to 1/4 Acre

  • Community Features

    Curbs, Street Lights

  • Levels

    One

  • Terms

    Cash, Conventional

  • Showing Requirements

    Call Listing Agent, Text Listing Agent

  • Disclosures

    Lead Based Paint, Sellers Disclosures


This listing was last updated on 2024-03-04T04:42:18Z

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.