16
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$198,000
Est. payment /mo
1 Bath
1,800 SqFt
Price Dropped by $27K
2717 N Hughes AVE Fresno, CA 93705
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $110
MLS Listing ID 625479
HOA Y/N No
Year Built 1985
Lot Size 0.760 Acres
Property Sub-Type Commercial
Property Description
Be Your Own Boss! Take advantage of this 20 years long-established and consistently profitable laundromat, perfectly poised for self-employed individuals seeking a rewarding venture! Laundromat is located in a high-density area of Fresno, surrounded by bustling apartments and a vibrant retail strip, ensuring a steady stream of clientele. This profitable business model grosses $90K+ annually, with ample opportunities for further growth! Owner has invested $165K in 49 high-end commercial Dexter washers and dryers, with 14 qty. only having 1 1/2 yrs. of use, providing both reliability an efficiency. The business operates with minimal supervision, bolstered by a high-end security camera and alarm system, making it ideal for an absentee owner. This high-density area situated near numerous apartment complexes, catering to a steady influx of residents. Close proximity to major roads and public transport facilities ensures easy access for customers, further enhancing foot traffic. Hours of operation is from 7am to 9pm daily, but with operational hour improvements, there's potential to raise gross revenues. A popular taco truck operates on lot open til 1 AM. As a profitable business in a prime location, the laundromat offers an appealing option for real estate investors looking to diversify their portfolios. Don't miss this Golden Opportunity! Take the first step towards financial independence and a successful business venture. Check out the video.
Location
State CA
County Fresno
Zoning RM1
Interior
Cooling Central Heat/Cool
Window Features Display Window(s)
Exterior
Parking Features 6 - 10 Spaces
Utilities Available Phone Available, Individual Gas
Roof Type Flat
Building
Lot Description Mall/Strip Mall
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Listed by Ann M Lee HomeSmart PV and Associates