For Sale: Maplewood MLS# 6765727
Active
NEW!
$200,000
Commercial: Business Opportunity
Built 1960
0.62 acres
North St Paul-Maplewood schools
MLS# 6765727
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Property Description
A rare opportunity to own a fully equipped, income-producing laundromat in the heart of Maplewood, MN. This sale is for the business only and does not include real estate. The laundromat is located on a high-traffic street with excellent visibility and accessibility. With 9 years remaining on the lease, this is a secure, long-term investment for a new owner looking to step into a turnkey operation with immediate cash flow. The business includes 20 high-capacity washers, 22 commercial dryers, 2 change machines, 1 vending machine (pop), 5 folding tables, and 6 laundry carts. The equipment is well-maintained and ready to support both current customer demand and future growth. The laundromat is clean, functional, and has room for added services such as wash-and-fold or pickup and delivery to further increase revenue. The surrounding area is rapidly growing, with new apartment buildings completed directly across the street and additional developments just blocks away. This expanding residential base provides a strong and growing customer base, making this an ideal location for continued success. This is a great opportunity for an owner-operator or investor to acquire an established laundromat in a thriving community. All machines, leasehold improvements, and business goodwill are included in the sale. 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:
$60,000
Rent
Annual Net Income:
$30,000
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.