Laundromat with attached residential Apartment Building for sale in Saint Paul. The offering includes the Real Estate, operating Laundromat, and vacant adjacent lot. The Laundromat operates unattended and remotely monitored as needed by the seller through a newly installed security and camera system. A contracted cleaning crew comes through daily and coin collections are done twice a week. All equipment is meticulously maintained. This is a perfect addition to an existing investment portfolio, 1031 exchange, or acquisition for a first-time business owner. SBA pre-approved financing is available with favorable terms.
Laundromat with Income Generating Real Estate for Sale in St Paul
The laundromat operates in in 2650 square feet of the building owned by the seller and included in the offering. The apartment units consist of a residential one bedroom and a residential three bedroom. A full rent roll and equipment list is available. Many improvements have been made to the property and laundromat including a new chimney, updated HVAC, windows, vending, and security systems. A buildable adjacent lot is included in the Sale.