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Phone Number

(218) 741-7000

You live on this earth. Own a piece of it.

Property Description

This is an amazing turnkey business opportunity in Ely, Minnesota. With over 22 years of successful operations by the retiring owners, this laundromat has been kept up-to-date and well-maintained. There are 14 dryers, 9 top-loading washers, 8 front-loading washers, 2 triple-load washers, and 1 double-load washer. Nice clean 11×19 sitting/folding area with a flat-screen TV and plenty of counter space. Along with equipment upgrades, recent building upgrades include floor and ceiling tile in the main laundry area, vinyl siding, a new roof, air conditioning for the commercial laundry basement area, and newly installed plumbing pipes. There are 17+ resorts and personal accounts that contribute to its success with daily traffic counts of 7700 cars per day on Sheridan St. The property also features a spacious 3-bedroom furnished apartment which can be used as an extra income source or can be used as owner’s quarters. Don’t miss out on this unique chance to own your own business!

Address Map
US
MN
Ely
55731
Sheridan St
342
0
MLS Addon
126
0
118
07/26/2024 17:07:45
342 E Sheridan St
C1
125
50

Commercial

342 Sheridan St, Ely, Minnesota 55731

0 Acre
$300,000
Listing ID #145037
Basic Details
Property Type : Commercial
Listing Type :
Listing ID : 145037
Price : $300,000
Year Built : 1910
Lot Area : 0 Acre
Status : Active
Days On Market : 0
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