For Sale
$698,698

455 Highway 314 Los Lunas, NM 87031

Established Laundromat, Car Wash, & Storage

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Los Lunas, NM retail property, located at 455 Hwy 314 SW, presents a unique investment opportunity. Built in 1985 and boasting 7,190 square feet on a 0.62-acre lot (Parcel numbers: 1009038246202000000 and 1009038247210000000), this property features a well-established laundromat with 24 washers and 12 dryers, a 3-bay self-service car wash with vacuum canopy, and ample self-storage space. The building, constructed of concrete split-face block and steel purlins, is over-engineered and has a foundation and roof designed to support a second-story apartment. The property includes a fenced playground and 12 parking spaces. Plumbed for efficient hot water use in both the car wash and laundry, minimizing waste and costs. A prominent pole sign along Highway 314 ensures high visibility. The asking price of $698,698 does not include the value of the equipment or business income. Zoned C-1, this property offers significant potential for future development and expansion. This is a rare opportunity to acquire a well-maintained, established business with strong potential for growth in a desirable location.

Highlights

  • $698,698 asking price for a 7,190 SF retail property.
  • Located at 455 Hwy 314 SW, Los Lunas, NM 87031, on a 0.62-acre lot zoned C-1.
  • Includes a laundromat (24 washers, 12 dryers), 3-bay self-service car wash with vacuum canopy, and self-storage units.
  • Features robust construction (concrete block and steel purlins), with the laundry building foundation and roof designed for a potential second-story apartment.
  • Established business with one owner-operator since its 1985 construction.
  • Includes a fenced playground and 12 parking spaces.

Property Details for 455 Highway 314

Property type
Retail properties, Self storage facilities
Square Feet
7,190 SF
Lot Size (sq. ft)
27,007 SF

Location Insight

City
Los Lunas
County
Valencia
State
New Mexico
Latitude
34.80307
Longitude
-106.7373532

FAQs

What type of property is this?
Retail property - Established Laundromat, Car Wash, & Storage
Where is the retail property located?
The property is located at 455 Highway 314 Los Lunas, NM.
What is the asking price?
The asking price for this property is $698,698.
What are key features of this property?
This property features: $698,698 asking price for a 7,190 SF retail property.; Located at 455 Hwy 314 SW, Los Lunas, NM 87031, on a 0.62-acre lot zoned C-1.; Includes a laundromat (24 washers, 12 dryers), 3-bay self-service car wash with vacuum canopy, and self-storage units.
How can I contact the broker?
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455 Highway 314
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