901 Cedar Ave.

901 Cedar Avenue, Iron Mountain, MI

$365,000

Price

8,000 sqft

Building Size

0.28 acres

Lot Area

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Street
Map
Overview
Building Size
8,000 sqft
Lot Area
0.28 acres
Occupancy
100%
Year Built
1996
Price Per Sqft
$50
Zoning
Commercial
Tenancy
Multiple
Parking Spots
14
Gross Leaseable Area
8000
Construction Status
Existing
Roof
Rubber
HVAC
Yes
Description

Business and property investors; here's your chance to own a well-known business with attached living quarters/rental unit (currently rented)! Midtown Laundromat includes 15 front load washers, 15 top load washers, 24 dryers, restrooms, 2 tanning beds, and a popular and successful drop-off service that includes area resorts as clients. There's a separate commercial unit with 4 offices, waiting room, and attached finished garage as well. This 8,000 sq ft building with a newer heat exchanger (2020) sits on over a quarter of an acre lot adjacent to Walgreens and Wendy's restaurant plus very close to plenty of short-term and long-term rental housing. Successfully owned and operated for over a decade, this business is very well-established but has many more opportunities for the entrepreneur.

Location
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