Building and laundry business sold together.
THE LAUNDRY BUSINESS:
– Only laundromat in the Tritown area. Closest competition is in Fort Lupton 13 miles away
– 20 + years in business.
– Dexter is #1 brand of commercial washers/dryers. 10 Dexter standard dryers. 4 Dexter oversized dryers. 4 front loading Dexter washers. 15 top loading Whirlpool Heavy Duty Commercial Washer. All machines are approximately 13 years old.
– Newer change machine
– 500 gallon water storage tank
– New Furnace
THE BUILDING:
– Centrally located in downtown Frederick. One of the fastest growing communities in Northern Colorado.
– Located Downton in Old-Town Frederick with major traffic vehicle and foot traffic exposure
– 2 unit, Solid block structure
– Ample off-street parking
– Fully leased. Convenience store on one year lease and Laundry business in place over 20 years.
– Low taxes
– On-site bathroom
– Locked-off on-site Office
– Roof less than 10 years
– New cooling systems
TENANT
-Pays all utilities and building maintenance
– Great tenant wanting to stay beyond current lease of 7/31/22
– Paying 1350/month (below market)