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$435,000
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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 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.
Full Property Details
Full Property Details for 1025 W Michigan Ave
General
- Sold For: $435,000
- Taxes: $5,329
- Status: Closed
- Type: Retail
- Source: SWMRIC_MLS
- MLS ID: 25013046
- Added to Site: 79 day(s) ago
Business
- Business Type: Retail
Location
- Area: St. Joseph County - J
- County: St. Joseph
- Cross Streets: W Michigan and Benjamin
- Driving Directions: From US 131 / Michigan Ave intersection in Three Rivers: E on W Michigan to location on left side of road
Heating & Cooling
- Heating Type: Radiant
Utilities
- Utility Description: Natural Gas Connected, Electricity Connected
Structural Information
- # Buildings: 1
- Square Feet: 6,100
- Year Built: 1980
Lot Features
- Lot Size (Acres): 1.18
- Lot Size (Sq. Ft.): 51,401
Financial Considerations
- Tax Amount: $5,329
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: See Public Record
- Property ID: 75 051 399 115 00
Listed by Keller Williams Professionals, Jeffrey Glover and Ryan M Prichard
Sold by Keller Williams Realty Rivertown, Ryan M Prichard
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Schools
Schools serving 1025 W Michigan Ave
School District:Three Rivers Community Schools
| Name | Grades | Distance |
|---|---|---|
Andrews Elementary School 200 South Douglas Avenue, Three Rivers, MI 49093 | K-5 | 0.3 mi |
Three Rivers Middle School 1101 Jefferson Street, Three Rivers, MI 49093 | 6-8 | 1.7 mi |
Three Rivers High School 700 6th Avenue, Three Rivers, MI 49093 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1025 W Michigan Ave
Date
Details
Price
Change
Source
4/24/2026
Sold
$435,000
-3.33%
MLS
8/14/2025
Price Reduced
$450,000
-10%
MLS
4/02/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1025 W Michigan Avenue, Three Rivers, MI 49093 (MLS# 25013046) is a Retail property that was sold at $435,000 on April 24, 2026. Want to learn more about 1025 W Michigan Avenue? Do you have questions about finding other Retail real estate for sale in Three Rivers? You can browse all Three Rivers real estate or contact a Coldwell Banker agent to request more information.

