$300,000
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342 E Sheridan Street Ely, MN 55731
Other
Residence
Beds
Baths
2,240
Sq. Ft.
0.14
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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This is an amazing turnkey business opportunity in Ely, Minnesota. With over 22 years of successful operations by the retiring owners, this laundromat has been kept up-to-date and well-maintained. There are 14 dryers, 9 top-loading washers, 8 front-loading washers, 2 triple-load washers, and 1 doubl...e-load washer. Nice clean 11x19 sitting/folding area with a flat-screen TV and plenty of counter space. Along with equipment upgrades, recent building upgrades include floor and ceiling tile in the main laundry area, vinyl siding, a new roof, air conditioning for the commercial laundry basement area, and newly installed plumbing pipes. There are 17+ resorts and personal accounts that contribute to its success with daily traffic counts of 7700 cars per day on Sheridan St. The property also features a spacious 3-bedroom furnished apartment which can be used as an extra income source or can be used as owner's quarters. Don't miss out on this unique chance to own your own business!
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MLS#
6374678
Property Type
Other
Year Built
1910
Square Feet
2,240
sq. ft
Lot Size
0.14
Stories
2.0
Sewer
City Sewer
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