Description
Prime Investment Opportunity: 5076 sq ft Strip Plaza with Laundromat and 4 Leased Units. Laundromat portion will be selling as a business, with all washers, dryers, equipment. The laundromat is 2000 sq ft and the remaining 3076 sq ft is the total sq ft for the other 4 units. This well-maintained strip mall is a fantastic investment opportunity, offering a diverse mix of income-generating units, each of the 4 units are currently leased, with the longest tenant residing in this location for almost 12 years. Strategically located in a high-traffic area, this property ensures maximum visibility and customer flow. Entire building has new paint on exterior, new soffits and eves, along with new metal facial on front of the building. Updated and repaired exterior in 2022.Unit E has an added addition to the rear of the building for storage and laundry machines. New A/C unit was installed in the laundromat in 2022, all units have their own A/C unit and are responsible for their own repairs and maintenance on the HVAC system. Remote accessed cameras are installed inside and out of the laundromat and exterior front of the building. All rental units carry a yearly lease, all renew at different times. All units have a different rental amount owed each month. Each unit has its own meter for electricity which the tenant is required to obtain during the lease term. The landlord does pay for water, sewage, and trash services for every unit.
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0BEDS
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1.16ACRES
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0BATHS
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01/2 BATHS
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5,076SQFT
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$167$/SQFT
School Ratings & Info
Description
Prime Investment Opportunity: 5076 sq ft Strip Plaza with Laundromat and 4 Leased Units. Laundromat portion will be selling as a business, with all washers, dryers, equipment. The laundromat is 2000 sq ft and the remaining 3076 sq ft is the total sq ft for the other 4 units. This well-maintained strip mall is a fantastic investment opportunity, offering a diverse mix of income-generating units, each of the 4 units are currently leased, with the longest tenant residing in this location for almost 12 years. Strategically located in a high-traffic area, this property ensures maximum visibility and customer flow. Entire building has new paint on exterior, new soffits and eves, along with new metal facial on front of the building. Updated and repaired exterior in 2022.Unit E has an added addition to the rear of the building for storage and laundry machines. New A/C unit was installed in the laundromat in 2022, all units have their own A/C unit and are responsible for their own repairs and maintenance on the HVAC system. Remote accessed cameras are installed inside and out of the laundromat and exterior front of the building. All rental units carry a yearly lease, all renew at different times. All units have a different rental amount owed each month. Each unit has its own meter for electricity which the tenant is required to obtain during the lease term. The landlord does pay for water, sewage, and trash services for every unit.
IDX information © 2024 Greater Augusta Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed by the MLS or SRI Properties, Inc. Data last updated 2024-10-13T11:58:36.023.