This Portfolio listing includes a Liquor Store, a well-maintained Laundromat, residential and commercial investment properties, and vacant lots for sale an hour North of the Twin Cities Metro Area. The Liquor Store has been successfully operating for over 24 years in the same location, sales are steadily growing, and the Liquor Store is included in the sale. The location is prohibitive to big-box competitors to entering the market. The Seller owned Laundromat is ran unattended and remotely monitored as needed by the Seller through a security and camera system. The Laundromat is included in the sale. A cleaning crew comes through daily and coin collections are done twice a week by the seller. All equipment is meticulously maintained, as is the building. Sales have been steady or up during the COVID restrictions. There are also advantages through the CARES Act to purchase on 504 SBA loans for a limited time.
Liquor Store, Laundromat, and Investment Real Estate for Sale
Reason For Sale:
The Liquor Store occupies 3,300 square feet in the building and the seller pays himself rent for occupancy and tax purposes. The Laundromat operates in 2,160 square feet of the building owned by the seller and included in the offering. Other tenants include residential and commercial rentals. A full rent roll and equipment list is available. Many improvements have been made to the property and laundromat including updated HVAC, windows, full interior remodel, and security systems.