426 1St StKersey, CO 80644

For Sale
$429,900

Profitable Laundromat, Apartment, & Shop

Overview

Added:
Dec 11, 2024
Days on market:
91
Exceptional investment opportunity in Kersey, Colorado! This unique property, located at 426 1st St, combines a well-established laundromat with significant rental income potential. The 1,536 square foot building, constructed in 1934 and situated on a 0.22-acre lot (APN R4157386), is zoned C and offers a diverse range of income streams. The laundromat itself has been recently updated and has enjoyed decades of successful operation. In addition to the laundromat, the property includes a two-bay car wash (one bay currently operational), a one-bedroom apartment, and a separate shop. The apartment, recently rented for $1,100 per month, and the shop, previously rented for $800 per month, present immediate opportunities for rental income generation. The asking price of $429,900 includes all existing equipment and fixtures. This single-story building presents a rare chance to acquire a turnkey business with substantial upside potential through maximizing rental income from the vacant apartment and shop. This is a truly unique opportunity to own a profitable business and generate passive income. Don't miss out on this exceptional investment opportunity!

Highlights

  • Updated laundromat in a 1,536 sq ft building.
  • Two-bay car wash (one bay operational).
  • Vacant apartment and shop with recent rental history of $1,100 and $800 per month, respectively.
  • Asking price: $429,900, including all equipment and fixtures.

Property Details for 426 1St St

Property type
Other specialty properties, Other retail properties
Square Feet
1,536 SF
Year Built
1934
Stories
1
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Kersey
County
Weld
State
Colorado
Latitude
40.385956698248
Longitude
-104.56433301726
426 1St St, Kersey, Colorado

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426 1St St
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