301 E 10th St
Pittsburg, CA 94565
4-Unit Mixed-Use Retail Investment · Retail Property For Sale

*** EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE. Packaged sale of laundromat business and real estate. 301-317 E. 10th Street in Pittsburg presents an excellent opportunity for an investor or owner/user purchase a mixed-use property with huge rental and income upside. The property consists of a laundromat that is owned and operated by the seller and a restaurant, sports gym, and apartment unit. The current owner recently invested over $600,000 in exterior and interior repairs resulting in a relatively turn-key property for the next investor. There property offers an attractive corner location with a large parking lot across the street from the future development site of a 30+ unit apartment complex which should be a huge benefit for this location in the future. The property is separately metered for PG&E with little deferred maintenance providing for low annual expenses. The property has a history of little vacancy and is currently fully occupied. La Marina Laundromat has a strong local following and offers new washers and dryers and recently updated plumbing and electrical systems. The current owner runs the laundromat and has created a highly profitable business with excellent predicable income for the next owner. La Hacienda Restaurant is a home-style Mexican restaurant with excellent Yelp reviews and is currently on year-two of a 4-year lease with a 6-year option to extend. California Combat Academy is a mixed martial arts academy that caters to a wide-range of athletes and families and is currently on the first year of a 3-year lease. The apartment unit is spacious, light-filled, and is currently occupied by one of the employees of the laundromat and is on a month-to-month lease.