$539,500
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2,436 SqFt
SOLD DATE : 05/25/2023
Key Details
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 2,436 sqft
Price per Sqft $184
MLS Listing ID 371115
Sold Date 05/25/23
Year Built 2003
Annual Tax Amount $9,596
Tax Year 2021
Lot Size 8,637 Sqft
Acres 0.1983
Property Sub-Type Business
Property Description
Front Street Laundromat is a turn-key, cash flowing business located in a high traffic location. The building was built in 2003 with structural insulated panels and a metal roof. These are high performing materials made to last. Situated midtown there is a direct correlation between convenience and steady flow of business. There are 19 Washers and 24 Dryers manufactured by Dexter and Electrolux (known to be quality machines). Large parking lot, play area , table with chairs, and tv, make this space an inviting place where customers congregate to wash and dry their clothes. This has been a steady business known in Butte for many years. The owner has built and managed Front Street Laundromat with pride and care. If you are looking for a solid passive income business, you are looking in the right place!
** (estimated cap rate of 12%+)
** Looking to own 2 laundromats? - check out 423 W. Park in Livingston (MLS #371134)
Location
State MT
County Silver Bow
Area Butte And Surrounding Areas
Direction At beginning of curve where Harrison turns to Front Street. Between Gilligan's and Gillam's Furniture Emporium.
Interior
Heating Electric, Forced Air
Cooling Wall/ Window Unit(s)
Fireplace No
Exterior
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Others
Tax ID 0000020500
Acceptable Financing Cash, 3rd Party Financing
Listing Terms Cash, 3rd Party Financing
Financing Other
Special Listing Condition Standard
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Bought with Platinum Real Estate
NEARBY SCHOOLS & BUSINESSES