For Sale
$849,999

37 Lucas Ave Kingston, NY 12401

Established business, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
127
This profitable laundromat, located at 37 Lucas Ave, Kingston, NY 12401, presents a unique investment opportunity. The 1,773 square foot building, constructed in 1960, sits on a 0.13-acre lot (APN: 0800-048.330-0002-017.000-0000) and is zoned Commercial (Com). The single-story structure houses a well-established laundromat with a loyal customer base, ensuring a consistent revenue stream. The business includes 21 high-efficiency washers and 25 dryers, along with supplemental income sources such as snack/drink, detergent, and two money card vending machines. A drop-off laundry service further enhances profitability. Financial statements are available upon request. The seller is offering support and training to facilitate a smooth transition for the new owner. This prime location, situated on the corner of Lucas and Washington Avenues, benefits from high traffic volume. The asking price for this turnkey operation is $849,999. This represents a rare chance to acquire a thriving business with significant growth potential in a desirable location.

Highlights

  • Profitable laundromat in Kingston, NY, generating consistent revenue.
  • 1,773 sq ft building on a 0.13-acre lot, zoned Commercial.
  • Equipped with 21 washers, 25 dryers, and supplemental vending machines.
  • Includes a drop-off laundry service, enhancing profitability.
  • Turnkey operation asking $849,999, with seller offering training and support.
  • Prime corner location on Lucas and Washington Avenues with high traffic.

Property Details for 37 Lucas Ave

Property type
Commercial real estate
Square Feet
1,773 SF
Year Built
1960
Stories
1
Lot Size (sq. ft)
5,663 SF
Units
1

Location Insight

City
Kingston
County
Ulster
State
New York
Latitude
41.933470457618
Longitude
-74.024401244398
37 Lucas Ave, Kingston, New York

FAQs

What type of property is this?
Commercial real estate - Established business, high income potential.
Where is the commercial real estate located?
The property is located at 37 Lucas Ave Kingston, NY.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Profitable laundromat in Kingston, NY, generating consistent revenue.; 1,773 sq ft building on a 0.13-acre lot, zoned Commercial.; Equipped with 21 washers, 25 dryers, and supplemental vending machines.
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37 Lucas Ave
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