1528 Oxford StWorthington, MN 56187

Property Details for 1528 Oxford St

Year built

1948

Property size (Sq ft)

4,200 SF

Property type

Commercial real estate

APN

31-2821-000

APU

312821000

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $694,472

  Hospitality

  $636,133

  Educational

  $529,255

  Medical

  $547,457

  Retail

  $823,285

Location Insight

City

Worthington

County

Nobles

State

Minnesota

Latitude

43.6307

Longitude

-95.5895

CBSA code

49380

CBSA name

WORTHINGTON, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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