3950 Alpha Boulevard Traverse City, MI $ 2,750,000
3950 Alpha Boulevard
$ 2,750,000
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3950 Alpha Boulevard

Traverse City, MI, 49685
$ 2,750,000
Bedrooms-- Baths-- Sq 4,050

Monthly Estimate*

$ 18,994

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Commercial Property for sale in Traverse City, MI

for $2,750,000. This 4,050 square foot building was built in 1994 on a lot size of 1.33.

This fully stabilized car wash offers a strong blend of modern equipment, efficient operations, and reliable cash flow. The site sits along a high traffic corridor, AADT count of 24,154, with 300 feet of frontage on US 31, and it features 4 self service bays and 2 in bay automatic washes. The property is well suited for both experienced operators and passive investors looking for a low maintenance, high margin asset with dependable performance. Nearly all supporting equipment throughout the facility has been updated, including new automatic units, creating a turnkey operation with minimal near term capital needs. The upgraded systems, streamlined layout, and durable customer demand position the asset for consistent returns. For a full list of recent upgrades and equipment improvements, please see the marketing package.

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Commercial Active

Price

$ 2,750,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.33

Year Built

1994

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

1951551

Features
General
Sewer Public Sewer
Heating Forced Air Floor Furnace Natural Gas
Possession Close Of Escrow
Roof Asphalt
Security Features Security System
Construction Materials Block
Year Built 1994
Township Garfield
Property Subtype Retail
Business Type Auto Service
Accessibility Accessible Entrance
Assoc Fee Paid Per Annually
Business Name 1st Choice Car Wash
County Grand Traverse
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name None
Garage Y/N N
Rent Includes None
Status New
Directions Northeast corner of the intersection of N US 31 S and Alpha Blvd.
City Traverse City
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 57934.8
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 256487
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description LOTS 16-17-18 EXC N 68' OF LOT 18 BLUE STAR ESTATES.
Freehold VOW BBO IDX
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Exterior
Parking Features Paved
Lot Features Corner Lot Freestanding
Water Source Private
Lot Size Area 1.33
Foundation Details Slab
Spa N
Lot Dimensions 193 X 290
Lot Size Acres 1.33
Other Parking Paved
Waterfront Y/N N
Door Features Overhead Door(s)
Road Responsibility Public Maintained Road
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded Features
List By
Three West, Llc

Broker

(248) 891-0143

Phone

Affordability Calculator

$18,994
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,994
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2026$2,750,000 Listed Price

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3950 Alpha Boulevard, Traverse City, MI, 49685 is a Commercial Property for sale at $2,750,000 with 4,050 sqft and a lot size of 1.33. 3950 Alpha Boulevard was built in 1994. The property's zip code is 49685 which is in Traverse City, MI