1351 S WASHINGTON ST, TITUSVILLE, FL 32780

$900,000

Pending · 62 days on market · MLS# MFRV4944318

Living area2,920 sq ft
Lot size0.21 acres
Year built1964
Property typeRetail
WaterfrontYes
Annual taxes$4,337
CountyBrevard

About this home

Under contract-accepting backup offers. *** PRICE IMPROVEMENT *** Investor Alert - Turn-Key Laundromat. Prime opportunity to own a fully operational laundromat in a high-traffic, high-visibility location. This established business comes with major recent investments, making it a solid income-producing asset. 2023 upgrades include: Two rooftop HVAC units. New Rooftop Vents. Newly sealed flat roof. 100-gallon hot water heater. 600-amp 3-phase electrical system. Two new double coin machines ($7,500 each).Equipment inventory: 30 dryers - 6×80 lb, 6×50 lb, 8×20 lb. 25 washers - 15×20 lb, 1×50 lb, 5×80 lb (some machines need repair). 9 folding tables, 8 laundry carts. Ready for immediate service with room for equipment repair and optimization. Additional Income Streams and Amenities: Features Drop-off wash and fold service for extra income. Manager's quarters/break room upstairs. Storage room, mechanical room, and large public bathroom. 12 on-site parking spaces + 8 off-street spaces. Spacious office. Financials available upon request. With upgraded infrastructure, solid equipment base, and an established customer flow, this laundromat is positioned for continued growth under new ownership.

Listing courtesy of JoJo Locascio, LANDSHARK REALTY. Presented by MC Homes Realty Inc · 727432218.

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