901 Cedar Avenue, Iron Mountain, MI 49801 (MLS # 50108687)

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PRICE $365,000
SIZE 8,000 sqft
LOT SIZE 12,197 sqft
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Business and property investors; here's your chance to own a well-known business with attached living quarters/rental unit (currently rented)! Midtown Laundromat includes 15 front load washers, 15 top load washers, 24 dryers, restrooms, 2 tanning beds, and a popular and successful drop-off service that includes area resorts as clients. There's a separate commercial unit with 4 offices, waiting room, and attached finished garage as well. This 8,000 sq ft building with a newer heat exchanger (2020) sits on over a quarter of an acre lot adjacent to Walgreens and Wendy's restaurant plus very close to plenty of short-term and long-term rental housing. Successfully owned and operated for over a decade, this business is very well-established but has many more opportunities for the entrepreneur.

DAYS ON MARKET 146 LAST UPDATED 9/26/2023
YEAR BUILT 1996 COUNTY Dickinson
STATUS Active PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Aug 10, '23 $400,000
Aug 10, '23 - Sep 26, '23 $375,000
Sep 26, '23 - Today $365,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
BUYER'S BROKERAGE COMPENSATION 2.7
HEAT Forced Air
LOT 0.28 acre(s)
LOT DIMENSIONS 95xirreg
TAXES 7570.02
UTILITIES Cable Available, Natural Gas Available
WATER Public
ZONING Commercial



 
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Listed with STEPHENS REAL ESTATE

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