6245 E 7 Mile Road, Detroit, MI 48234
Description
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.
Price & Status History
MLS Listing History1 listing
| Status | List Price | Sale Price | Listed | Sold | Board | |
|---|---|---|---|---|---|---|
| For Sale | $799,000 | — | Jul 3, 2026 | — | Realcomp | View → |
Tax & Assessment
Property Details
Listed by Joseph Jazrwy
ICON Realty Experts, LLC