24
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$599,900
Est. payment /mo
3,500 SqFt
Price Dropped by $85K
227 231-235 KING STREET Street Sudbury, ON P3C2W2
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Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $171
Subdivision Greater Sudbury
MLS® Listing ID 40561219
Originating Board Barrie & District Association of REALTORS® Inc.
Property Description
Awesome investment opportunity or even better create a life where you can live where you work! The laundromat is thriving with amazing google reviews and a 4.7 star rating! Make no mistake this is two buildings at one price plus a very successful laundromat business that includes its goodwill and equipment! First building at 227 King is a detached single-family house with one tenant, three bedrooms and a potential for a fourth with a separate entrance to a lower level for lots of storage. The adjacent building at 231-233-235 King comprises two upper apartments with tenants and the laundromat on the main floor that has been operating since the early 60's! The laundromat is very well equipped with 14 washers & 20 dryers under 14 years old and offers room for further expansion and even other business opportunities. Lower level is a vast space for the mechanical workings for the building and the business with lots of other workshop space as a huge bonus. This building has 4 hydro meters and parking spaces are both at front & also at rear off the back laneway. There is a retrofit available for 231-233-235 King building from June 2010. This property presents multiple income streams with its residential units and established commercial enterprise, making it a versatile investment opportunity. DO NOT APPROACH THE EMPLOYEES OR TENANTS UNDER ANY CIRCUMSTANCES RELATING TO THIS LISTING. INCOME AND EXPENSE INFORMATION MAY BE AVAILABLE UPON BUYING AGENT AND BUYER SIGNING AN NDA. (id:24570)
Location
Province ON
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Century 21 B.J. Roth Realty Ltd. Brokerage
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