Description
Two tenants currently occupy the building, a laundromat and the United Adult Day Care inc. The purchase of the property will include the laundromat business, The laundromat has been running for 13 years, and has 150 European laundry machines made by the brand Huebsch?, that's over $300,000 worth of equipment. Before COVID-19 & restrictions, the business was making over $600K annual. But because of the owner not being present, the business gross was lowered. The Adult Day Care inc. - senior center - currently occupies 4033 SF of a recently remodeled office space which features private offices, two multi unit bathrooms, a handicap bathroom, yoga room, kitchen area, open area, and 5 exits. They are currently on a lease that ends in 2028, with a rent of $5150 monthly, with 3% annual plus the tax increase from 2019, total annual income received is approx. $62,834.55. Tenant also contributes to all utilities
Location
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