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102 W Walton St

5,605 SF 100% Leased Retail Building Willard, OH 44890 $650,000 ($116/SF)

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Investment Highlights

Laundromat in High Traffic Commercial District

Executive Summary

Profitable TURN KEY Business Opportunity...40 Year Old Family Business For Sale! Multi use laundromat on nearly 1/2 acre lot. US ROUTE 224 commercial corridor. 10% cap rate (2 yr average) w/ growth potential! All real estate & equipment included...36 gas dryers & 46 electric washers, ATM, coin machine, & app based payment using PAY RANGE. 1520 sf of cold storage space in back, perfect for additional business opportunity (i.e. table, chair & tent rental). Recent updates include: new windows - backside ('23), new exterior doors (excluding main aluminum door), two new mini split units (Heat & A/C), three HVAC heating units replaced ('21), hot water boiler inspected annually, all LED lighting (AEP '21), metal siding, steel roof & larger more powerful machines anchored in concrete, extra storage space in 2nd floor attic. Two bedroom 2nd floor apartment w/ month to month lease at $650/month includes utilities (water/electric). Three parcels. Financials available w/ signed non-disclosure.