33
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$650,000
Est. payment /mo
0.3 Acres Lot
Price Dropped by $600K
3508 E State Hwy 20 Nice, CA 95464
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID LC25166036
HOA Y/N No
Lot Size 0.300 Acres
Property Sub-Type Mixed Use
Property 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.
Location
State CA
County Lake
Area Lcnic - Nice
Zoning C1
Interior
Cooling Wall/Window Unit(s)
Inclusions All washer and dryers, mobile home.
Fireplace No
Laundry Inside
Exterior
Utilities Available Water Connected
Present Use Commercial,Investment,Residential,Single Family,See Remarks
Building
Lot Description Corner Lot, Level
Story 1
Water Public
Others
Tax ID 032115150
Security Features 24 Hour Security
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Jenna Rezzonico Country Air Properties 707-367-7196
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