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935 Wildwood Avenue SE

Cleveland, TN 37311
  • $450,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 20245142
UPDATED: 41 min ago
$450,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,430
    SQFT
  • $185
    $/SQFT
Type:
Business Opportunity
Built:
1945
County:

School Information

Elementary School:
Middle School:
High School:

Description

1,800 sq ft laundromat with a 600 sq ft apartment. Roof, electrical, and plumbing updated in 2018. Laundry has numerous washers and gas powered dryers handling various weights. All are coin operated but can be converted to accept credit/debit cards. Vending machine and change machine convey. 24-hour indoor and outdoor lighting system. State of the art video recording and surveillance system with integrated, monitored alarm system. All machines are in good working order with the exception of two which have been purchased, but not yet installed. Includes 4 laundry buggies. Paved parking lot with parking at the side and rear. Creative owner financing with 15% down payment. Call listing agent for showings. (14) Washers - (7) 25lb Wascomat units, approximately 10 years old (one is used for parts) (4) 50 lb Milnor units, approximately 15 years old (2) 45 lb Wascomat units, approx 10 years old (1) - 30 lb Speed Queen Washer - Approximately 18 years old Washers Ready to Be Installed: (4) - Whirlpool 25 lb dryers - brand new. One needs a coin box. (20) Dryers - (4) 50 lb Dexter dryers installed in 2018 (4) 30 lb Dexter dryers installed in 2018 (12) 30 lb Maytag dryers installed in 2018 1 - Large snack and drink vending machine approximately 5 years old 1 - Change machine - Installed in 2018 1 - Soap Machine - Age unknown 1 - Non-prescription Medical Vending Machine 1 - Tabletop Multigame - 60 games - approx 3 years old. No issues to date. $850 per month from apartment rental income. The current tenant oversees the laundromat and will move upon close of sale. Owner will consider financing a bridge loan with 15% down.

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© 2024 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Property Group of Keller Williams. Data last updated: 2024-12-05T19:47:37.797.
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935 Wildwood Avenue SE Cleveland, TN 37311

  • Price: $450,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 41 min ago
  • MLS #: 20245142
0
Beds
0
Baths
0
½ Baths
0.17
Acres
2,430
SQFT
$185
$/SQFT
1945
Built
County:
Bradley
Elementary School:
Blythe-Bower
Middle School:
Cleveland
High School:
Cleveland
Property Description
1,800 sq ft laundromat with a 600 sq ft apartment. Roof, electrical, and plumbing updated in 2018. Laundry has numerous washers and gas powered dryers handling various weights. All are coin operated but can be converted to accept credit/debit cards. Vending machine and change machine convey. 24-hour indoor and outdoor lighting system. State of the art video recording and surveillance system with integrated, monitored alarm system. All machines are in good working order with the exception of two which have been purchased, but not yet installed. Includes 4 laundry buggies. Paved parking lot with parking at the side and rear. Creative owner financing with 15% down payment. Call listing agent for showings. (14) Washers - (7) 25lb Wascomat units, approximately 10 years old (one is used for parts) (4) 50 lb Milnor units, approximately 15 years old (2) 45 lb Wascomat units, approx 10 years old (1) - 30 lb Speed Queen Washer - Approximately 18 years old Washers Ready to Be Installed: (4) - Whirlpool 25 lb dryers - brand new. One needs a coin box. (20) Dryers - (4) 50 lb Dexter dryers installed in 2018 (4) 30 lb Dexter dryers installed in 2018 (12) 30 lb Maytag dryers installed in 2018 1 - Large snack and drink vending machine approximately 5 years old 1 - Change machine - Installed in 2018 1 - Soap Machine - Age unknown 1 - Non-prescription Medical Vending Machine 1 - Tabletop Multigame - 60 games - approx 3 years old. No issues to date. $850 per month from apartment rental income. The current tenant oversees the laundromat and will move upon close of sale. Owner will consider financing a bridge loan with 15% down.
Exterior Features

Construction Materials Block Exterior Features None Fencing None Foundation Details Slab Lot Features Cleared Lot Size Dimensions Irregular Parking Features Parking LotAsphalt Road Frontage Type City Street Roof Metal Waterfront Features [] Waterfront YN No

Interior Features

Appliances Washer Cooling Central Air Cooling YN Yes Flooring ConcreteTile Heating Central Heating YN Yes Interior Features Separate Living Quarters

Property Features

Accessible YN Yes Building Features OtherRetail SqFt Business Type WholesaleVarietyTravelToysSporting GoodsRetailReal EstateProfessional/OfficeProfessional ServicePhotographerPet StoreMusicMixedLocksmithLiquor StoreLaundromatJewelryIce Cream/Frozen YogurtHome CleanerHobbyHealth FoodGift ShopFood & BeverageFlorist/NurseryFitnessFinancialFast FoodEmploymentDecoratorConstruction/ContractorComputerBooks/Cards/StationaryBarber/BeautyAccountingAdministrative and SupportAdvertisingAnimal GroomingAquarium SuppliesArts and Entertain Electric [] Lease Term None Listing Terms CashConventionalOwner May CarrySpecial Funding Near Highway YN Yes New Construction YN No Property Condition Updated/Remodeled Property Sub Type Business Road Responsibility Public Maintained Road Security Features Security SystemBuilding Security Sewer Public Sewer Special Listing Conditions Standard Structure Type RetailMixed UseFree Standing Building Subdivision YN No Tax Annual Amount 1335.27 Tenant Pays [] Utilities Water ConnectedSewer ConnectedNatural Gas ConnectedElectricity Connected Water Source Public Within City Limits YN Yes

Listing provided courtesy of Teresa Mustar of Bridge Property Management Group, LLC: .


© 2024 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Property Group of Keller Williams. Data last updated: 2024-12-05T19:47:37.797.
 
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The Property Group of Keller Williams
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Chattanooga TN, 37408