Overview

Listing ID:#20184682

Building SF:2,480

Parcel Size:0.60 Acres

Price:$675,000

Building PSF:$272.18

Property Type:Retail

Date Available:Now

For Sale or Lease – Turnkey Laundromat Business & Real Estate Opportunity

Parktowne Laundry East -- Established, Profitable, and Ready for You! Seize this rare opportunity to own or lease a well-established coin-operated laundromat with both the business and real estate included. Located in a high-traffic area, Parktowne Laundry East has proudly served the community for over 37 years, earning a reputation for cleanliness, reliability, and convenience. This is a fully operational and income-producing business with a loyal customer base and robust infrastructure. The facility is open 7 days a week and features 62 total washers and dryers, including: 60 lb, 40 lb, and 30 lb high-capacity washers Top-load washers 45 lb and 30 lb dryers Two change machines maintained daily for optimal service.

Financial Information

Gross Income:$202

Total Expenses:$81

Net Op. Income:$120

Cap Rate:20.32%

Real Estate Taxes:$5

Tax Year:2024

Building Details

Building Type:Stand Alone

Building Status:Existing

Year Built:1984

Current Use:Laundromat/Laundry Mat

Number of Floors:1

Number of Offices:1

Number of Restrooms:1

Zoning:Commercial

Outside Parking:Yes

Parcel Front Dim.:85 ft

Bus Line:Yes

Building Amenities

Lounge:Yes

Contact Listing Agent

Dione Laufenberg

608-825-7552
608-886-3205

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