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100 S James Ave
Monahans, TX 79756
Texas Wash Tub · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Prime location off Business 20 in Monahans
  • Ready to operate immediately
  • No need to invest in equipment or supplies

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.55 AC
Zoning
F1 - Commercial
Parking
28 Spaces (5.6 Spaces per 1,000 SF Leased)
Frontage
127’ on South James Avenue

AMENITIES

  • Air Conditioning

ABOUT 100 S JAMES AVE , MONAHANS, TX 79756

This established laundromat is a great opportunity for an investor or entrepreneur. The business has been in operation for almost 10 years and has a loyal customer base. Prime location off Hwy 80. Well-maintained equipment and building. Also, well-staffed and has a proven track record of success. The Texas Wash Tub has 37 fully owned Speed Queen washers and dryers, a POS system with laundry software, 3 ATM machines, folding tables and laundry carts, a coin changer, and more. The laundromat also has recent upgrades, including: Two new Broilers installed in 2022 Extensive plumbing installed in 2022, Parking lot paved in 2022, Water softener system added in 2023. These upgrades make the Texas Wash Tub a profitable and attractive investment. The laundromat has recurring revenue from its customers, low operating costs, and the potential to expand into other locations.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0707558
  • 0000781
Land Assessment
$13,870
Improvements Assessment
$158,840
Total Assessment
$172,710
  • Listing ID: 28628052

  • Date on Market: 6/1/2023

  • Last Updated:

  • Address: 100 S James Ave, Monahans, TX 79756

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