109 S Main Street Pending Save Request In-Person Tour Request Virtual Tour
Lake Mills,WI 53551
Key Details
Property Type Commercial
Sub Type Retail,Beauty/barber,Other
Listing Status Pending
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $260
MLS Listing ID 1988160
Year Built 1935
Annual Tax Amount $3,035
Tax Year 2024
Lot Size 3,920 Sqft
Property Sub-Type Retail,Beauty/barber,Other
Property Description
Unique Opportunity for an Income-Producing Business with Real Estate 2024 NOI $64,418 Laundromats consistently rank among the top five real estate investments for cash flow. This property offers a rare chance to own a fully renovated laundromat paired with real estate. The renovation, completed in September 2020, included significant upgrades: New Roof HVAC system Water heater and softener Handicapped-accessible bathroom Updated insulation LED lighting Plumbing and electrical systems Basement floor New window and back door Awning installation The sale includes over $200,000 worth of new laundry machines purchased since 2020, with the most recent additions, November 2024. This turn-key investment combines a modernized facility with high-quality equipment, ensuring a reliable income stream
Location
State WI
County Jefferson
Area Lake Mills - C
Zoning commercial
Interior
Heating Forced air,Central air
Cooling Forced air,Central air
Inclusions laundromat washers, dryers, vending machines, etc for the operation of the Laundromat business. Please refer to inventory list included in documents
Exterior
Parking Features 6-10 spaces,Onsite,Paved
Roof Type Rubber/membrane
Building
Story 1
Water Municipal water,Municipal sewer
Structure Type Brick
Others
Acceptable Financing Seller may assist
Listing Terms Seller may assist