623 Broadway StreetWaterloo, IA 50703

Description

An exceptional, turn-key commercial opportunity awaits. Sale includes both the real estate and profitable, fully operational laundromat business. The well-maintained 3,492 square foot building features a bright, clean, and modern layout designed for maximum operational efficiency and customer comfort. Equipped with high-end, top-tier commercial washers and dryers and spacious folding stations, this business boasts a strong, established customer base and consistent revenue flow. Situated on a high-visibility corridor with convenient parking and prominent signage, the property ensures steady foot traffic and excellent brand exposure. This robust commercial property delivers immediate cash flow and substantial long-term value.

Property Information

Property type

Commercial Sale

Sub-type

Retail

Year built

1987

Stories

1

Building area

3,492 Sq Ft

Lot size

0.33 acres

Zoning

C-2

Days on market

149

MLS^® Listing#

20262556

Property Features

Cooling

Central Air

Heating

Forced Air

Roof

Composition

Sewer

Public Sewer

Financial Details

Annual taxes

$4,961Tax year 2026

Assessed value

$191,480

Parcel number

891323203025

Directions

Broadway St.