Full Service Laundromat for Sale

302 S 29th St Billings, MT 59101

302 S 29th St , Billings, MT, 59101
302 S 29th St , Billings, MT, 59101 302 S 29th St , Billings, MT, 59101 302 S 29th St , Billings, MT, 59101 302 S 29th St , Billings, MT, 59101 302 S 29th St , Billings, MT, 59101 302 S 29th St , Billings, MT, 59101 302 S 29th St , Billings, MT, 59101 302 S 29th St , Billings, MT, 59101 302 S 29th St , Billings, MT, 59101 302 S 29th St , Billings, MT, 59101 302 S 29th St , Billings, MT, 59101
FOR SALE
Property Type:
Street Retail
Amount:
$570,000
Last Verified:
Feb 07, 2023

Koinonia Laundry Business & Real Estate for Sale PRICE REDUCED to $570,000 2,732 SF of Buildings 7,000 SF Lot Zoned Neighborhood Mixed Use Koinonia Laundry Business Includes: The business operated at 302 S 29th St Operations include self service all cash laundromat and full laundry services and linen supply Includes all business assets located within the property (no vehicles) Includes all existing accounts and contracts Includes the brand and associated materials Includes training (up to two business weeks) on current operations 302 S 29th St Real Estate: Zoned Neighborhood Mixed Use 1,521 SF Retail Building All new within the last five years: 400 Amp building service 2" water service with new bulkhead Building sewer cleanouts Foam spray roof and metal patio roof High efficiency HVAC system (2) High efficiency on demand water heaters (8) Dual Tumble Dryers (14) Commercial Washer Extractors (16 total, 2 are preexisting) (3) Change Makers (2) Vending Machines ATM 18 Camera security system Door lock system hardware and software (3) Sheds Vinyl fence with metal driveway gate LED Lighting inside and out New paint inside and out 2910 3rd Ave S Real Estate: 1Bed/2 Bath Single Family Residence 1,211 SF House Included on same lot at Koinonia Laundry building New 200 amp service New high efficiency hot water heater and HVAC system Replacement windows/doors Remodeled kitchen/dining and second bath House is stripped down outside of those two rooms and currently used as business extra space Business Furniture, Fixtures & Equipment: (2) 60# Speed Queen Coin Op Extractors (2) 40# Speed Queen Coin Op Extractors (2) 30# Speed Queen Coin Op Extractors (3) 20# Speed Queen Coin Op Extractors (7) 14# Speed Queen Super HE Top Load Washers (6) 30# Speed Queen Dual Stacked Coin Op Tumblers (2) 45# Speed Queen Dual Stacked Coin Op Tumblers (2) American Changer Bill to Quarter Changers Standard Changer Bill to Bill Exchanger 8 Slot Full Electronic Soap Vending Machine Thru Wall ATM Food & Drink Vending Machine Singer Commercial Sewing Machine Clam Shell Steam Press Garment Steamer (2) hand wash tubs Coin Counter Rolling Utility Cart Mop & Mop Bucket Brooms & Shovels Touchscreen POS Computer Set 18 Camera HD Security System w/ Monitor Ticket/Receipt Printer Canon Office Machine Fax/Scan/Print Trash Cans (4) 8 Bushel Laundry Truck (2) 6 Bushel Laundry Truck (4) SS Hanging Carts (2) Large SS Angle Carts (2) Small SS Angle Carts (2) Small SS Square Carts (6) SS Shelving Units (2) 36 inch Flat Screens w/ Antenna Time Clock (3) SS Tables (3) Blue Folding Tables Large White Folding Table (2) Vacuums (1) Carpet Cleaner Linen & Dry Cleaning Bags (1500+) Linen Supply Rags (200+) Logo Wash & Fold Bags X Racks Hanger Stands (2) Seating Units w/ Tables (30+) 3x5 Linen Supply Entry Mats (20+) Linen Supply Mops ALL SHOP SUPPLIES ON HAND AT THE DATE OF SALE (i.e. vending machines' stock, cleaning supplies, operations supply) Promotional Materials on Hand (not including our personal likenesses, not including commercials; those may be purchased separately if wanted) Social Media Accounts All Logos and Applicable Digital Files Does not included any vehicles (may be purchased separately if wanted) Commercial Accounts (Scheduled Service at least once per month - Does not included scheduled residentials): List of accounts available to qualified buyers Peak Season Repeat Residential Accounts : 360 - 450 (Jan-Aug) Off Season Repeat Residential Accounts : 220- 250 (Sept - Dec) Guest laundry pickup/delivery coordinated through the front desk at 90%+ of Billings hotels/motels NOTE: Seller is willing to sell just the coin opp laundry business and real estate for $500,000 and retain wash/dry/fold laundry assets.

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Map of 302 S 29th St , Billings, MT, 59101

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.