South East Laundry

Retail-Commercial for Sale
Catylist Listing ID: 30583296
Property Subtypes: Free-Standing Building
Building Size (RSF): 2,400 SF
Gross Land Area: 11,752 SF
Sale Price: $250,000
Unit Price: $104.17 PSF
Property Use Type: Business
Usable Size (USF): 2,400 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/1/2020

Overview / Comments

Well established South East Laundromat located within walking distance of apartment buildings and rental housing. This is an asset sale of the real estate, all laundromat equipment and the ongoing business operations. Excellent visibility on Lincoln Street with paved parking on 11,752 sf of land. Roof is approximately 8 years old and 2 air conditioners are the similar age. 150 gallon American Standard Hot Water Tank installed in 2015. Equipment includes 6 Speed Queen 45lb commercial washing machines, 7 Speed Queen 30lb commercial washing machines, 2 Milnor 45lb. washing machines, 22 front load Speed Queen driers, 19 top load Speed Queen driers, 9 folding tables, 2 change machines and 11 carts.

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Taxing Authority: Sedgwick County
Tax ID/APN: 087119300240500900
Retail Clientele: Other
Property Located Between: Intersection of Lincoln & Governeour
Largest Nearby Street: Lincoln Frontage
Property Condition: Average
Exterior Description: Full Brick Buildinjg
Parking Type: Surface
Parking Description: Curbside parking in front and back of building.
Heat Type: Natural Gas
Interior Description: Coin Operated Laundry
Water Service: Municipal
Sewer Type: Municipal
Legal Description: That part of Res G Beginning SE Corner West 140' NELY 56.50' NELY 53.81' to Point on East Line South 140' to Beginning, Eastridge Addition

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,686 93,806 199,500
Median Age: 34.41 34.12 33.46
Households: 6,803 38,823 79,194


Photograph of Listing Agent

Rob Pestinger

Plaza Commercial Real Estate
KSCRE Member
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