For Sale: Maplewood MLS# 6765727
Active
$200,000
Commercial: Business Opportunity
Built 1960
0.62 acres
North St Paul-Maplewood schools
MLS# 6765727

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Property Description
No water or sewer bill makes this Maplewood laundromat a rare and cost-efficient opportunity you donāt want to miss. The business has been a staple in the community for over 30 years, serving generations of loyal customers. This sale is for the business only. Real estate is not included. Located on a busy street with excellent visibility and 9 years remaining on the lease, this turnkey operation offers immediate cash flow and long-term stability. The laundromat comes fully equipped with 20 high-capacity washers, 22 dryers, 2 change machines, 1 pop machine, 5 folding tables, and 6 laundry carts. The equipment is in good condition and ready to handle consistent demand with plenty of room to grow. The area is booming with new apartment developments across the street and just blocks away, bringing in a steady stream of new and returning customers. There's strong potential to expand services by adding wash and fold, pickup, and delivery options. A custom app and website, built specifically to support pickup and delivery services, are available and can be negotiated as part of the sale. This gives the next owner a modern digital platform to increase revenue and compete in the evolving laundry service market.This is a fantastic opportunity for an owner-operator or investor to acquire a proven business in a growing neighborhood. All machines, leasehold improvements, and business goodwill are included. Real estate is not included.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$200,000
Property Type:
Commercial
City:
Maplewood
Garage Spaces:
0
County:
Ramsey
Year Built:
1960
State:
MN
Property Style:
Business Opportunity
Zip Code:
55109
Subdivision Name:
Gladstone, Ramsey Co, , Minn
Exterior
Garage Spaces:
0
Other Parking Spaces:
8
Foundation Size:
1,200 ft2
Handicap Accessible:
Fully Wheelchair
Heating System:
Boiler
Parking Features:
- Parking Lot
- Unassigned
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.62
Geolocation:
44.999607, -93.044823
Inclusions:
Business Assets, Business, Fixture/Equipment, Inventory, Leases
Lot Dimensions:
.620
Zoning:
Business/Commercial
Schools
School District:
622
District Phone:
651-748-7410
Expenses
Annual Insurance Expense:
$1,821
Annual Gross Expense:
$13,908
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Fuel, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
None
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$19,636
Income
Annual Gross Income:
$62,400
Rent
Annual Net Income:
$35,412
Units
Total Units:
1
Miscellaneous
Current Use:
Laundromat
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
Well
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Listing provided by RMLS,
courtesy of Keller Williams Premier Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.