14910 NE 24th Street, Redmond, WA 98052

$649,950

Listing courtesy of Sunfire Realty, LLC.

List Price
$649,950
Status
ACTIVE
MLS#
1921724
Days on Market
25

Property Description

RARE TURNKEY LAUNDROMAT OPPORTUNITY. Superior Location In Redmond Overlake Village Mall ! Next Door to Safeway, Starbucks, O'Reilly Auto. Unlimited Client Access To Mall Parking. Operating 74 Wash & Dry Machines. Buyers Will Have Ability To Add More W&D Machines To Already Plumbed Space. 2022 New 5 Year Assignable Lease With 5 Year Renewable Option. Active Buyer Can Move In Today & Have A Positive Cash Flow Tomorrow. Almost Zero Laundromat Competition Within A 5+ Mile Radius ! Rapid Transit Construction & Growing Community Also Positive Factors. With Salary Draw, A 6+% Cap Or More Is Realistic. Owners Are Retiring & Motivated ...! Location, Location, Location With A Proven History Of Success. Don't Miss This Opportunity !

Additional Information

Community
Redmond
Building Condition
Good
# of Assigned Spaces
99
Potential Terms
Cash Out
Driving Directions
Bellevue Hiway 410 N, Take Redmond Hill Exit Hiway 520 E. Proceed & Turn Right Onto 148th Ave NE Exit. Move quickly Into The 148th Ave NE Left Turn Lane. Turn Left & Left Again Into Mall Parking Lot

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