A&D Laundrette | 745-747 Erie Blvd W
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A&D Laundrette 745-747 Erie Blvd W
3,382 SF Retail Building Rome, NY 13440 $425,000 ($126/SF) 10.45% Cap Rate
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.
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
$425,000
Price Per SF
$126
Cap Rate
10.45%
NOI
$44,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
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
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 242-039-0001-005-000-0000 | Improvements Assessment | $83,500 |
| Land Assessment | $25,000 | Total Assessment | $108,500 |
PROPERTY TAXES
Parcel Number
242-039-0001-005-000-0000
Land Assessment
$25,000
Improvements Assessment
$83,500
Total Assessment
$108,500
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A&D Laundrette | 745-747 Erie Blvd W
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