MLS # 20261050725 (Realcomp)

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.
Source: SparkMLS
Currently offered at $799,000.
Property tax estimate: $4,454 per year ($371/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Joseph Jazrwy
ICON Realty Experts, LLC
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
6245 E 7 Mile Road, Detroit, MI 48234
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Neighborhood
Pershing
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Community
Detroit
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County
Wayne County
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