Property Detail

3508 E State Hwy 20

Nice CA 95464

$650,000

Status: Active

Property Details

Description

Rare opportunity to own an operating and fully remodeled laundromat with additional rental income potential. This Nice location features a fully upgraded laundromat, a second commercial unit that is currently rented, and a fixer mobile home. The property also offers a newer roof, updated electrical, separate electrical meters for each unit, and other recent upgrades. In addition, there is a 250 sq ft back area with water and sewer hookups already in place, offering the potential to renovate it into a studio unit for added income. The laundromat generates approximately $10,000 per month (buyer to verify & subject to review of financials) and is located in a prime, walkable area with steady customer traffic. The facility is equipped with full remote-control capability from your phone, allowing you to lock doors, turn lights and A/C on or off, and access security cameras at any time. A full security system is installed, and all laundry equipment is included, making this a turnkey investment. Additional Opportunity: There is also another remodeled laundromat for sale in Kelseyville at 3715 Saderlund St, which includes a separate residential unit that is currently rented. Both properties can be purchased together as a package deal for $1,250,000, offering strong combined cash flow across two proven locations. This is a rare chance for investors or owner-operators to secure a profitable laundromat in an excellent location, with the option to expand their portfolio immediately.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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