For Sale
$95,000

162 Edwards Ave Charlotte, TX 78011

Profitable Laundromat, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
131
This 1-story, 1970-built storefront at 162 S Edwards Ave, Charlotte, TX 78011, presents a unique investment opportunity. Priced at $95,000, this established laundromat generates consistent monthly cash flow. The 0.8-acre lot, zoned for commercial use (APN: R19999), offers significant value-add potential. Existing infrastructure allows for the addition of a food truck or RV rental, expanding revenue streams. The property's location in Atascosa County provides access to a thriving community. The seller is open to financing options, making this an attractive proposition for investors seeking a turnkey operation with substantial upside. The building itself is a single-unit structure, built in 1970, and presents an opportunity to upgrade existing equipment to further enhance profitability. The permitted commercial zoning allows for a variety of uses, catering to the needs of the local community. This property is an excellent choice for those seeking a strong return on investment in a stable market.

Highlights

  • High-density commercial zoning allows for a wide variety of uses.
  • The property is situated in a vibrant, walkable neighborhood with strong community ties.
  • This location offers excellent visibility and accessibility for customers.

Property Details for 162 Edwards Ave

Property type
Retail properties, Retail space
Year Built
1970
Stories
1
Lot Size (sq. ft)
34,848 SF
Units
1

Location Insight

City
Charlotte
County
Atascosa
State
Texas
Latitude
28.859778901502
Longitude
-98.705053002815

FAQs

What type of property is this?
Retail property - Profitable Laundromat, Huge Potential
Where is the retail property located?
The property is located at 162 Edwards Ave Charlotte, TX.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: High-density commercial zoning allows for a wide variety of uses.; The property is situated in a vibrant, walkable neighborhood with strong community ties.; This location offers excellent visibility and accessibility for customers.
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.
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162 Edwards Ave
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