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 | |
Updated | April 22nd, 2024 |
Type | Retail |
Price | $365,000 |
Building | 8,000 Sq. Ft. |
Land | 0.28 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.