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$650,000
Est. payment /mo
0.49 Acres Lot
UPDATED:
09/30/2024 05:37 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5031296
HOA Y/N No
Year Built 1950
Annual Tax Amount $3,290
Tax Year 2023
Lot Size 0.490 Acres
Acres 0.49
Property Description
Profitable TURN KEY Business Opportunity...40 Year Old Family Business For Sale! Multi use laundromat on nearly 1/2 acre lot. US ROUTE 224 commercial corridor. 10% cap rate (2 yr average) w/ growth potential! All real estate & equipment included...36 gas dryers & 46 electric washers, ATM, coin machine, & app based payment using PAY RANGE. 1520 sf of cold storage space in back, perfect for additional business opportunity (i.e. table, chair & tent rental). Recent updates include: new windows - backside ('23), new exterior doors (excluding main aluminum door), two new mini split units (Heat & A/C), three HVAC heating units replaced ('21), hot water boiler inspected annually, all LED lighting (AEP '21), metal siding, steel roof & larger more powerful machines anchored in concrete, extra storage space in 2nd floor attic. Two bedroom 2nd floor apartment w/ month to month lease at $650/month includes utilities (water/electric). Three parcels. Financials available w/ signed non-disclosure. Phase 3 Electric.
Location
State OH
County Huron
Community Laundry Facilities
Interior
Heating Other
Cooling Other
Fireplace No
Laundry Coin-operated
Exterior
Community Features Laundry Facilities
Waterfront No
Water Access Desc Public
Roof Type Metal
Present Use See Remarks
Total Parking Spaces 15
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Willard Csd - 3907
Others
Tax ID 51-0360-02-002-0000
Special Listing Condition Standard
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Listed by Frank Van Dresser • RE/MAX Quality Realty • 419-663-3536 ellencoffman@remax.net