901 Cedar Ave., Iron Mountain, MI

Retail for Sale - $365,000 - 8,000 Sq. Ft. on 0.28 acres


Agent Info

Stephens Real Estate
Stephens Real Estate

Property Info

CIMLS#1142528
Location
  901 Cedar Ave.
  Iron Mountain MI 49801
UpdatedApril 22nd, 2024
TypeRetail
Price$365,000
Building8,000 Sq. Ft.
Land0.28 acres

Property Description

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.


Financials



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