3508 E State Hwy 20
About this property
Established laundromat/retail space open for over 40 years! Commercial Investment Opportunity - Turnkey Laundromat + Real Highway 20 Frontage | High Traffic Location Rare opportunity to own a cash-flowing laundromat with real estate included, plus significant upside potential. Current Income: Approx. $6,000/month gross Estimated ~$46,000+ NOI Strong ~9% cap rate at asking price Property Features: Fully operational coin-operated laundromat All Dexter washers & dryers Recently remodeled building (refurbished machines) (~2 years ago) New roof Updated electrical Custom RGB LED signage Prime high-visibility location on Highway 20 Additional Income + Value-Add Opportunity: Retail rental space with stable tenants 2 bed / 2 bath home on-site Needs remodel (~$25K est.) Potential $1,300-$1,400/month
About this property
Established laundromat/retail space open for over 40 years! Commercial Investment Opportunity - Turnkey Laundromat + Real Highway 20 Frontage | High Traffic Location Rare opportunity to own a cash-flowing laundromat with real estate included, plus significant upside potential. Current Income: Approx. $6,000/month gross Estimated ~$46,000+ NOI Strong ~9% cap rate at asking price Property Features: Fully operational coin-operated laundromat All Dexter washers & dryers Recently remodeled building (refurbished machines) (~2 years ago) New roof Updated electrical Custom RGB LED signage Prime high-visibility location on Highway 20 Additional Income + Value-Add Opportunity: Retail rental space with stable tenants 2 bed / 2 bath home on-site Needs remodel (~$25K est.) Potential $1,300-$1,400/month
Features and Additional Information
Presented By Desert Lifestyle Properties
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Brokerage: Konocti Realty