9.7% CAP!!! Three additional properties available. Exceptional investment opportunity in Salt Lake County. This recently remodeled laundromat, features the latest modern equipment and advanced management technology that allows you to monitor and control machines from your home, car, or on the slopes. In addition to retail coin… Read More revenue, the portfolio includes professionally managed hotel laundry contracts that provide consistent, diversified income and enhance overall cash flow stability. The four-location offering is priced at $6,000,000 and includes: 1315 West 500 North, Salt Lake City (Rose Park), 3520 West 3500 South, West Valley City (Star Coin Commercial Lease for Sale),1962 S 1100 East, Salt Lake City (Sugarhouse Commercial Lease for Sale) All four locations are coin-operated laundromats that have been recently renovated with updated equipment and systems. The first two properties are owner-occupied real estate. The Sugarhouse and West Valley City locations are commercial leasehold interests with long-term leases that include five-year extension options. This offering provides the opportunity to acquire a stabilized, multi-location laundry platform across established Salt Lake County submarkets, supported by modernized operations and diversified revenue streams. Detailed financials available upon request. Do not disturb tenants or employees. Read Less
Courtesy of Dan Ford, Colliers International LLC (Wasatch) 801-947-8300
Listing Snapshot
Days Online
0
Last Updated
Property Type
Retail
Lot Size
0.38 Acres
Year Built
1980
MLS Number
2137580
Additional Details
Property
Current Use: Retail, Direction Faces: South, Parcel Number: 21-07-478-035, Property Condition: Blt./Standing, Property Sub Type: Retail, Property Type: Commercial Sale
Building
Living Area Units: Square Feet, Year Built: 1980
Lot
Lot Size Acres: 0.38, Lot Size Area: 0.38, Lot Size Dimensions: 0.0x0.0x0.0, Lot Size Square Feet: 16552, Lot Size Units: Acres
Taxes
Tax Annual Amount: 17132
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