1321 Frost Ave
$150,000
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: 24
Description:
Buy it for the assets, get the business and lease for free. Now only $150,000, this Maplewood laundromat has no water or sewer bill, more than $150,000 in equipment value, and over 30 years of proven success. Located on a busy street with strong visibility and nine years left on the lease, it is fully equipped with 20 washers, 22 dryers including 10 newer units worth $100,000, change machines, a pop machine, folding tables, and carts. New apartment developments nearby provide steady customer traffic. Growth potential includes adding wash and fold, pickup, and delivery services. A custom app and website can be negotiated with the sale. Upgrades in 2024 include new plumbing, epoxy flooring, and an updated bathroom. This is a turnkey business priced at asset value and ready for immediate cash flow.
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