$135,000
$150,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
0.62 Acres Lot
SOLD DATE : 09/12/2025
Key Details
Sold Price $135,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Gladstone, Ramsey Co, , Minn
MLS Listing ID 6765727
Sold Date 09/12/25
Year Built 1960
Tax Year 2025
Contingent None
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions .620
Property Sub-Type Business
Property Description
Buy it for the assets, get the business and lease for free. Now only $150,000, this Maplewood laundromat has no water or sewer bill, more than $150,000 in equipment value, and over 30 years of proven success. Located on a busy street with strong visibility and nine years left on the lease, it is fully equipped with 20 washers, 22 dryers including 10 newer units worth $100,000, change machines, a pop machine, folding tables, and carts. New apartment developments nearby provide steady customer traffic. Growth potential includes adding wash and fold, pickup, and delivery services. A custom app and website can be negotiated with the sale. Upgrades in 2024 include new plumbing, epoxy flooring, and an updated bathroom. This is a turnkey business priced at asset value and ready for immediate cash flow.
Location
State MN
County Ramsey
Zoning Business/Commercial
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Parking Lot, Unassigned
Utilities Available Electric Separate, Heating Separate
Present Use Laundromat
Building
Foundation 1200
Sewer City Sewer/Connected
Water Well
Structure Type Brick/Stone
Schools
School District North St Paul-Maplewood
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