For Sale
$1,300,000

1528 Oxford St Worthington, MN 56187

Established Laundromat, High-Growth Potential

Overview

Added:
Feb 3
Days on market:
78
This exceptional turn-key laundromat opportunity is located at 1528 Oxford Street in Worthington, Minnesota. The property boasts a substantial 4,200 square feet situated on a 0.4-acre lot, providing ample space for the existing laundry operation and significant expansion potential. Currently equipped with 30 high-quality commercial washers and dryers, the business benefits from an already established customer base, ensuring immediate revenue generation. The building's layout includes dedicated space readily adaptable for office areas and maintenance rooms, offering flexibility for operational improvements or future business expansion. The asking price for this thriving business and its accompanying real estate is $1,300,000. This presents a unique chance to acquire a profitable, established business with significant upside in a growing community. The property's size and existing infrastructure provide a solid foundation for continued success and potential for increased profitability through strategic expansion or service diversification. The existing customer base and the turn-key nature of the operation minimize the initial investment required to begin generating income. This is an exceptional opportunity for an investor seeking a stable, income-producing asset with significant growth potential. The location in Worthington, Minnesota offers a strong market for laundry services, ensuring a consistent stream of customers. Don't miss this chance to own a successful and established business.

Property Details for 1528 Oxford St

Property type
Commercial real estate
Square Feet
4,200 SF
Year Built
1948
Lot Size (sq. ft)
17,424 SF

Location Insight

City
Worthington
County
Nobles
State
Minnesota
Latitude
43.63082
Longitude
-95.58952

FAQs

What type of property is this?
Commercial real estate - Established Laundromat, High-Growth Potential
Where is the commercial real estate located?
The property is located at 1528 Oxford St Worthington, MN.
What is the asking price?
The asking price for this property is $1,300,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1528 Oxford St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message