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342 E Sheridan Street, Ely, MN 55731
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$300,000
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Home Details for 342 E Sheridan Street
Price
$300,000
Type
Commercial/Industrial
Year Build
1910
Sq. Ft.
2240
Lot Size
0.14
County
St. Louis
Tax
$2,521
MLS®️ Listing#
6374678
On exitrealty.com
569 days
Property Description
This is an amazing turnkey business opportunity in Ely, Minnesota. With over 22 years of successful operations by the retiring owners, this laundromat has been kept up-to-date and well-maintained. There are 14 dryers, 9 top-loading washers, 8 front-loading washers, 2 triple-load washers, and 1 double-load washer. Nice clean 11x19 sitting/folding area with a flat-screen TV and plenty of counter space. Along with equipment upgrades, recent building upgrades include floor and ceiling tile in the main laundry area, vinyl siding, a new roof, air conditioning for the commercial laundry basement area, and newly installed plumbing pipes. There are 17+ resorts and personal accounts that contribute to its success with daily traffic counts of 7700 cars per day on Sheridan St. The property also features a spacious 3-bedroom furnished apartment which can be used as an extra income source or can be used as owner's quarters. Don't miss out on this unique chance to own your own business!
- Heating Information
- Propane
- Forced Air
- Utilities
- Electric Common
- Heating Common
- Water Features
- Public
- Parking
- Paved
Listing courtesy: z'Up North Realty, Inc. - 218-827-2288
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$300,000
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EXIT MN LAKES REALTY
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