Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1980
Sq.Footage
N/A
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 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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.38
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$2,400,000
-
Tax Amount
$17,132
-
Zoning
C-2
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Senior Community YN
NO
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Location
County
Salt Lake
Elementary School
Middle School
High School
Listing Courtesy of Dan Ford , Colliers International LLC (Wasatch)
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