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A&D Laundrette 745-747 Erie Blvd W

3,382 SF Retail Building Rome, NY 13440 £333,374 (£99/SF) 10.45% Net Initial Yield

Investment Highlights

  • Amazing turnkey investment.
  • Lucrative laundromat located on first floor.

Executive Summary

Thriving commercial laundromat with a lucrative business history, equipped with state-of-the-art laundry facilities. This turnkey investment includes a well-maintained 2-bedroom, 1-bath apartment on the premises, offering an ideal live-work opportunity. The laundromat boasts a loyal customer base, modern machines, and a prime location for maximum foot traffic. First floor laundromat is called Keep Making Suds.

Attachments

print-flyer (6)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,382 SF
Building Class
C
Year Built
1957
Price
£333,374
Price Per SF
£99
Net Initial Yield
10.45%
NOI
£34,828
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Land Acres
0.58 AC
Zoning
C3
Parking
10 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
62 ft on Erie Blvd

Amenities

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
242-039-0001-005-000-0000
Land Assessment
£19,610
Improvements Assessment
£65,498
Total Assessment
£85,108
  • Listing ID: 31260033

  • Date on Market: 19/03/2024

  • Last Updated:

  • Address: 745-747 Erie Blvd W, Rome, NY 13440

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