Real Estate Property and Laundromat Business for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30761974
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Other
Building Size (RSF): 4,353 SF
Gross Building Area: See Agent
Sale Price: $350,000
Unit Price: $80.40 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2021

Overview / Comments

A successful laundromat has been a family own operating business for over 40 years. Although the owners achieved tremendous success by building a successful business and serving the community, now they are ready to comfortably retired and pass on the torch to another ambitious individual to carry on the good work of serving the community. The business is for sale with real estate, equipment, and goodwill. Equipment may include:

• Six 50 pounders
• Six 35 pounders
• Nine top loaders
• 20 dryers (18 regular and 2 50 pounders)

The price includes the building. The building has n upgraded furnace and a New Roof - 2019

For further information, please do not hesitate to reach out to us.

Additional Details

Nearest MSA: Flint
County: Genesee
Tax ID/APN: 01-35-501-024
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Tenancy: Multiple Tenants
Property Condition: Good
Year Built: 1999
Zoning Description: Zoning Code: COMM

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,374 10,680 26,859
Median Age: 37.59 39.42 40.83
Households: 505 3,886 9,885


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