3508 E State Hwy 20 Active Save Request In-Person Tour Request Virtual Tour
Nice,CA 95464
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