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521 Elizabeth Lake Rd - Imperial Auto Wash - Elizabeth Lake 8,211 SF Specialty Building Offered at $2,700,000 in Waterford, MI 48328
Investment Highlights
- Fronts the 74-acre Oakland County Business Center, a $63M mixed-use redevelopment of the former Summit Place Mall projected to deliver up to 1 million
- Features a Eurovac central vacuum system serving a 4-bay cleaning center, supporting an established express interior detail program.
- The existing interior cleaning operation creates an additional revenue stream and increases customer spend per visit.
- Located on Elizabeth Lake Road near Telegraph Road, one of Oakland County's primary north-south corridors, providing outstanding visibility.
- The business supports an active monthly membership base and commercial fleet accounts, providing recurring revenue and a strong foundation for future.
- *Seller Financing Available
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 8,211 SF Imperial Auto Wash located at 521 Elizabeth Lake Road in Waterford Township, MI. This offering presents a rare opportunity to acquire an operational, revenue-generating car wash asset priced below estimated replacement cost, allowing investors to benefit from immediate cash flow without the risks associated with new development. The property is further protected by Waterford Township's moratorium on new car wash construction, creating a significant barrier to future competition within the market.
IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman - MI Lic. # 6502424113
IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman - MI Lic. # 6502424113
Property Facts
| Price | $2,700,000 | Building Class | C |
| Price Per SF | $328.83 | Lot Size | 0.72 AC |
| Sale Type | Investment | Building Size | 8,211 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built/Renovated | 1986/2022 |
| Zoning | BI - Business Improved | ||
| Price | $2,700,000 |
| Price Per SF | $328.83 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 8,211 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1986/2022 |
| Zoning | BI - Business Improved |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 13-25-429-009 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $391,750 |
Property Taxes
Parcel Number
13-25-429-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$391,750
Contacts
-
Chase Martino -
Tyler McGarry -
Dane Garson -
Sands Investment Group Santa Monica, LLC
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