1321 Frost Ave
$200,000
1321 Frost Ave, North Saint Paul, MN 55109
35,412
NOI
0.62 acres
Lot Area
Details:
Highlights:
- Lot Size Dimensions: .620
- Days on Market: 3
Description:
NO WATER/SEWER BILL!! A rare opportunity to own a fully equipped, income-producing laundromat in the heart of Maplewood, MN. This sale is for the business only and does not include real estate. The laundromat is located on a high-traffic street with excellent visibility and accessibility. With 9 years remaining on the lease, this is a secure, long-term investment for a new owner looking to step into a turnkey operation with immediate cash flow. The business includes 20 high-capacity washers, 22 commercial dryers, 2 change machines, 1 vending machine (pop), 5 folding tables, and 6 laundry carts. The equipment is well-maintained and ready to support both current customer demand and future growth. The laundromat is clean, functional, and has room for added services such as wash-and-fold or pickup and delivery to further increase revenue. The surrounding area is rapidly growing, with new apartment buildings completed directly across the street and additional developments just blocks away. This expanding residential base provides a strong and growing customer base, making this an ideal location for continued success. This is a great opportunity for an owner-operator or investor to acquire an established laundromat in a thriving community. All machines, leasehold improvements, and business goodwill are included in the sale. Real estate is not included.
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