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About the Listing LCKONOCTI - LChwright
Established laundromat/retail space open for over 40 years! Commercial Investment Opportunity – Turnkey Laundromat + Real Highway 20 Frontage | High Traffic Location Rare opportunity to own a cash-flowing laundromat with real estate included, plus significant upside potential. Current Income: • Approx. $6,000/month gross • Estimated ~$46,000+ NOI • Strong ~9% cap rate at asking price Property Features: • Fully operational coin-operated laundromat • All Dexter washers & dryers • Recently remodeled building (refurbished machines) (~2 years ago) • New roof • Updated electrical • Custom RGB LED signage • Prime high-visibility location on Highway 20 Additional Income + Value-Add Opportunity: • Retail rental space with stable tenants • 2 bed / 2 bath home on-site • Needs remodel (~$25K est.) • Potential $1,300–$1,400/month
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
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- Below Ground Sq Ft: n/a
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- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,Street Level,No Land Lease
- Garage Capacity: N/A
- Roof: Composition
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 032115150000
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
3508 E State Hwy 20 Nice, CA 95464
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