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Maplewood,MN 55109
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Gladstone, Ramsey Co, , Minn
MLS Listing ID 6765727
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
Now only $165,000 until August 31, this Maplewood laundromat offers no water or sewer bill, over $150,000 in equipment value, and more than 30 years of proven operation. Located on a busy street with excellent visibility and nine years left on the lease, it comes fully equipped with 20 high-capacity washers, 22 dryers including 10 newer units worth $100,000, two change machines, a pop machine, folding tables, and laundry carts. The area is surrounded by new apartment developments providing steady customer traffic, and there is strong potential to add wash and fold, pickup, and delivery services. A custom app and website for pickup and delivery can be negotiated in the sale. Recent upgrades in 2024 include new plumbing to all washers, a fresh epoxy-coated floor, and an updated bathroom. This turnkey business is ready for immediate cash flow in a growing neighborhood and will return to market value after August 31.
Location
State MN
County Ramsey
Zoning Business/Commercial
Interior
Heating Boiler
Inclusions Business Assets,Business,Fixture/Equipment,Inventory,Leases
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