Excellent investment opportunity! This profitable and well maintained commercial property features a fully equipped laundromat with 22 washers and dryers, PLUS a three bay self serve car wash with two high powered vacuums with loyal clientele. Endless potential for additional revenue streams or redevelopment. Convenient customer access with multiple parking spots. Situated on a major corridor through Edgewater, close to residential but within the growing business district and this location benefits from high visibility, consistent drive by traffic with Annual Average Daily Trips (AADT) at 29,000, and easy accessibility for local customers with convenient ingress and egress from either US1/Ridgewood or city street parallel to the east. This is located in a growing community and located within the CRA District and Opportunity Zone. Whether you're an investor seeking cash flow or an owner operator looking to be hands on, this is a rare dual business opportunity in a growing coastal Florida market.
Excellent investment opportunity! This profitable and well maintained commercial property features a fully equipped laundromat with 22 washers and dryers, PLUS a three bay self serve car wash with two high powered vacuums with loyal clientele. Endless potential for additional revenue streams or redevelopment. Convenient customer access with multiple parking spots. Situated on a major corridor through Edgewater, close to residential but within the growing business district and this location benefits from high visibility, consistent drive by traffic with Annual Average Daily Trips (AADT) at 29,000, and easy accessibility for local customers with convenient ingress and egress from either US1/Ridgewood or city street parallel to the east. This is located in a growing community and located within the CRA District and Opportunity Zone. Whether you're an investor seeking cash flow or an owner operator looking to be hands on, this is a rare dual business opportunity in a growing coastal Florida market.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 1200.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Parking Spaces - 6 to 12
Eco-Communities
Water Source: None
Utilities
Carport Spaces: 0.00
Cooling: Office Only
Road Frontage Type: Business District, Highway
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Public, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Appliances: Dryer, Washer
Country: US
Legal Description: N 64.5 FT OF W 206.2 FT E OF US 1 OF LOT 10 MENDALLS HAWKS PARK MB 3 PG 73 MB 16 PG 42 PER OR 4569 PG 2521 PER OR 6870 PG 1628 PER OR 6996 PG 1787 PER OR 7587 PG 1531
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