Turnkey Laundromat Investment – Business, Real Estate & Expansion Lots Included! Exceptional opportunity to own a profitable, fully operational laundromat with real estate included, plus two additional parcels (Parcel #s: 53017080267002 & 53017080268000) offering future development or expansion potential. Additionally, branded van included for pickup and delivery customers. This well-maintained brick facility is equipped with 29 commercial washers (9 installed in 2019) and 27 commercial dryers (6 installed in 2022), providing strong capacity to serve a steady customer base. The business also benefits from multiple revenue streams, including a pickup & delivery laundry service generating approximately $25,000 annually, vending machines, game machines, and soap dispensers. Major capital improvements have already been completed, reducing future expenses and increasing investor confidence, including new holding tank & boiler (2017), Roof replacement (2019). Updated plumbing and electrical systems. Strategically located on high-traffic roads with strong visibility and consistent customer flow, this is a true turnkey investment ideal for owner-operators or investors seeking stable cash flow with additional upside potential. Rare opportunity to acquire both the business and real estate with added land for future growth. Schedule your showing today—opportunities like this don’t last!
General Information
Sale Price: $475,000
Price/SqFt: $226
Status: Active
MLS#: rcomi20261014147
City: southgate
Post Office: southgate
Schools: southgate
County: Wayne
Acres: 0.2
Lot Dimensions: 92.3X92.99
Size: 2,100 sq.ft.
Acreage: 0.2 est.
Year Built: 1970
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $7,342 Est. Winter Taxes: $1,220
