Laundromat

Retail-Commercial for Sale
Catylist Listing ID: 30610616
Building Size (RSF): 2,156 SF
Gross Building Area: 4,374 SF
Gross Land Area: 6,925 SF
Sale Price: $150,000
Unit Price: $69.57 PSF
Ceiling: 8 ft.
In Opportunity Zone? Yes
Property Use Type: Business
Building Name: ABC Laundromat
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 10
Last Updated: 5/19/2020

Overview / Comments

Chance to own your own business. Thriving laundromat on busy Route 1-A ell appointed with newer machines, full vending machines and long term lease - renewable.

Attachments & Media

Additional Details

Nearest MSA: Providence-Warwick
County: Bristol
Tax ID/APN: 8-31
Zoning: COMMERCIAL
Retail Clientele: General
Property Visibility: Good
Largest Nearby Street: US route 1 and US route 1-A (Park street)
Feet of Frontage: 150
Highway Access: very nearby US 1
Site Description: flat, fully deveolped and paved unassigned parking for 8
Area Description: urban residential neighborhood
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,156 SF
Property Condition: Good
Year Built: 1930
Year Renovated: 2001
Roof Type: Flat
Construction/Siding: Block
Exterior Description: good
Total Parking Spaces: 12
Parking Type: Surface
Parking Description: 8 unassigned for the laundromat
Sprinklers: Wet
Heat Type: Oil
Heat Source: Ceiling Units
Air Conditioning: Engineered System
Interior Description: well appointed with newer machines and vending machines part of price
Zoning Description: commercial
Lot Frontage: 120
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,291 38,177 98,337
Median Age: 38.54 39.55 40.06
Households: 3,545 14,806 37,300

Contact

Photograph of Listing Agent

William Hermistone

New World Realty ECCPN Member
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