Soapy Joe's Laundromat 2711 Veterans Memorial Dr 3,250 SF Retail Building Mount Vernon, IL 62864 $525,000 ($161.54/SF)
INVESTMENT HIGHLIGHTS
- Well maintained building
- Includes washers and dryers
- Great location
EXECUTIVE SUMMARY
This is a stand-alone 3,250 square foot building in Mt. Vernon, IL. The current use is a laundromat. The laundromat has 34 washing machines and 31 dryers of various sizes. The building has three entrances: one in the front and one on each side. There are also two exits in the rear of the building. The building includes two restrooms, an office, front desk area, seating areas and a play area for children. Outside the property has 25 parking spaces, two curb cuts, and great visibility along Veterans Memorial Drive. The property is near the hospital, an apartment complex and a mobile home park.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
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| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,250 SF
Year Built
1996
Price
$525,000
Price Per SF
$161.54
Building Height
1 Story
Building FAR
0.15
Lot Size
0.50 AC
Parking
25 Spaces (7.69 Spaces per 1,000 SF Leased)
Frontage
150’ on Veterans Memorial Dr.
AMENITIES
- Corner Lot
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11-06-104-001 | Improvements Assessment | $286,275 (2023) |
| Land Assessment | $8,541 (2023) | Total Assessment | $294,816 (2023) |
