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Established laundromat/retail space open for over 40 years! Commercial Investment Opportunity - Turnkey Laundromat + Real Highway 20 Frontage | High Traffic Location Rare opportunity to own a cash-flowing laundromat with real estate included, plus significant upside potential. Current Income: "¢ Approx. $6,000/month gross "¢ Estimated ~$46,000+ NOI "¢ Strong ~9% cap rate at asking price Property Features: "¢ Fully operational coin-operated laundromat "¢ All Dexter washers & dryers "¢ Recently remodeled building (refurbished machines) (~2 years ago) "¢ New roof "¢ Updated electrical "¢ Custom RGB LED signage "¢ Prime high-visibility location on Highway 20 Additional Income + Value-Add Opportunity: "¢ Retail rental space with stable tenants "¢ 2 bed / 2 bath home on-site "¢ Needs remodel (~$25K est.) "¢ Potential $1,300-$1,400/month
| Last Updated | 7/31/2026 | Year Built | 1963 |
|---|---|---|---|
| Community | LCNIC - Nice | County | Lake |
Additional Details
| AREA | LCNIC - Nice |
|---|---|
| LOT | 0.3 acre(s) |
| LOT DIMENSIONS | 13068 |
| STORIES | 1 |
| WATER | Public |
Location
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