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3901 Madison Avenue

North Highlands, CA 95660
  • $479,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: 222026929
UPDATED: 41 min ago
$479,000
  • 0
    BEDS
  • 1.91
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,350
    SQFT
  • $110
    $/SQFT
Type:
Business Opportunity
County:

School Ratings & Info

Description

A long established laundromat that is equipped with newer washier and Dryers. The current owner owned the laundromat for less than a year and made additional improvement (replaced many washers and dryers). The current average monthly gross sales is approximately $21,000. The rent on the business premises is very low - $4,350 + $900(NNN; water bill is included), rent increases 2% per year, lease term expires on Feb 28, 2027 and has three (3) five (5) years option to renewal. The p/l, copy of lease, and the equipment lists will be provided to the prospective buyers. Number of washers: 33 4 - 80 LBS, 8 - 60 LBS, 10 - 40 LBS, 5 - 30 LBS, 6 - 20 LBS. Number of dryers: 16 - 50 LBS, 9 stacks/ 18 units - 30 LBS, 2 - 75 LBS.

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Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-05-25T23:41:21.663. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.sachousesforsale.com/homes/126482550
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3901 Madison Avenue North Highlands, CA 95660

  • Price: $479,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 41 min ago
  • MLS #: 222026929
0
Beds
0
Baths
0
½ Baths
1.91
Acres
4,350
SQFT
$110
$/SQFT
Neighborhood:
North Highlands& Vicinity
County:
Sacramento
Area:
North Highlands& Vicinity
Property Description
A long established laundromat that is equipped with newer washier and Dryers. The current owner owned the laundromat for less than a year and made additional improvement (replaced many washers and dryers). The current average monthly gross sales is approximately $21,000. The rent on the business premises is very low - $4,350 + $900(NNN; water bill is included), rent increases 2% per year, lease term expires on Feb 28, 2027 and has three (3) five (5) years option to renewal. The p/l, copy of lease, and the equipment lists will be provided to the prospective buyers. Number of washers: 33 4 - 80 LBS, 8 - 60 LBS, 10 - 40 LBS, 5 - 30 LBS, 6 - 20 LBS. Number of dryers: 16 - 50 LBS, 9 stacks/ 18 units - 30 LBS, 2 - 75 LBS.
Exterior Features

Construction Materials Stucco Parking Features Other Roof SlateTar/Gravel Walls Sheetrock

Interior Features

Cooling Central Flooring TileCarpetConcrete Slab Heating Central

Property Features

Building Features 8-10 Ft Ceilings Business Name Happy Coin Laundry Business Type Laundromat Days Of Operation Open 7 Days Electric Separate Electric Meter Employees 1-5Owner ManagerOwner Will Train Inclusions Leasehold ImprovementsLicenseCovenantNameExisting SignsFixtures & EquipmentGoodwill Lease Deposit Amount 4350 Lease Term Renewal Option Location Strip Center Ownership Type Sole Proprietor Sewer Sewer Connected Special Listing Conditions Other Total Actual Rent 5250 Transaction Type For Sale Utilities Hot WaterNatural Gas Connected Water Source Water District Year Established 0 Years On Option 15 Years Owned 0 Zoning Commercial

Metrolist MLS logo Listing provided courtesy of Amp Real Estate Inc.: . Listing information © 2022 MetroList Services, Inc.


Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-05-25T23:41:21.663. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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Parm Atwal Real Estate Team | Keller Williams Realty
4080 Truxel Road, Suite 100
Sacramento CA, 95834