200 Goldfield Ave, Yerington, NV 89447
3,060 SF | Vacant | Retail Building | Yerington, NV 89447 | $675,000 ($221/SF) | 9.18% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $675,000
- Property Type
-
Retail
- Square Feet
- 3,060 SF
- Price / Square Foot
- $221
Listing Contacts
Bret Nicholson
Verified Profile
- Property Info
Property Overview
The subject property consists of a 1,960 square-foot laundromat and a 1,100 square-foot car wash situated on a 0.50 acre lot in Yerington, Nevada. The property is located at the intersection of West Goldfield Avenue (Highway 95) and Pizen Switch Road, and has excellent ingress & egress from both roads. This offering includes both the business and real estate
.
Originally constructed in 1986, this property has successfully operated as a car wash & laundromat for decades and is well-known locally. This offering provides upside to a new owner, as the current laundry wash rates are $2.50 - still well below market. The Laundromat operates with twenty-two front load washers, and has twenty dryers. The building has a ductless mini-split for heating and air, a restroom, and outdoor seating ensuring a comfortable experience for customers. The car wash consists of three bays, which are all self-service. They are currently coin operated, and are priced at $2.00 per wash. There are also two coin-operated vacuums
available for use. The interior of the laundry building was recently painted, and a vending machine for snacks was just added in recent months (which will be included in the sale). The car wash and laundromat are steel and brick construction with metal roofs, ensuring the property can be operated with little capital expenditures beyond the washer & dryers.
Priced at $675,000, Pizen Switch Laundry Mat & Car Wash offers a purchaser an established business with near-term opportunities to improve returns.
.
Originally constructed in 1986, this property has successfully operated as a car wash & laundromat for decades and is well-known locally. This offering provides upside to a new owner, as the current laundry wash rates are $2.50 - still well below market. The Laundromat operates with twenty-two front load washers, and has twenty dryers. The building has a ductless mini-split for heating and air, a restroom, and outdoor seating ensuring a comfortable experience for customers. The car wash consists of three bays, which are all self-service. They are currently coin operated, and are priced at $2.00 per wash. There are also two coin-operated vacuums
available for use. The interior of the laundry building was recently painted, and a vending machine for snacks was just added in recent months (which will be included in the sale). The car wash and laundromat are steel and brick construction with metal roofs, ensuring the property can be operated with little capital expenditures beyond the washer & dryers.
Priced at $675,000, Pizen Switch Laundry Mat & Car Wash offers a purchaser an established business with near-term opportunities to improve returns.
Property Details
- Year Built
- 1986
- Stories
- 1
- Lot Size (sq. ft)
- 21,780 SF
Highlights
- - Located Along the Most Heavily Traveled Section of Road in Yerington
- - Upside Potential: Rates Are Well Below Market
- - Metal and Brick Construction
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