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Choice Laundromat 37 Lucas Ave 1,773 SF Retail Building Kingston, NY 12401 $675,000 ($380.71/SF)

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INVESTMENT HIGHLIGHTS

  • Great Location

EXECUTIVE SUMMARY

Take advantage of this rare opportunity to own a well-established laundromat situated on the corner of Lucas & Washington Ave in Kingston. This turn key operation has built a loyal customer base, providing a steady stream of income and growth potential. Key Features: Prime Location, high traffic area, 1775 sq ft of well lit space with 21 high efficiency washers and 25 dryers, snack/drink, detergent & 2 money card vending machines. Drop off laundry service. Income & Expense statements available Seller is willing to provider support and training for a smooth transition

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,773 SF
Building Class
C
Year Built
1960
Price
$675,000
Price Per SF
$380.71
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
R-5 - Multiple Residence District that allows for higher-density residential development, including townhouses and multi-family buildings.
Parking
12 Spaces (6.77 Spaces per 1,000 SF Leased)
Frontage
61’ on Lucas Ave

ABOUT 37 LUCAS AVE , KINGSTON, NY 12401

Laundromat

Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

TD Bank
Bank of America
Wells Fargo
KeyBank
Citizens Bank
Chase Bank
Rent-A-Center
Hannaford

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0800-048.330-0002-017.000-0000
Land Assessment
$92,000 (2024)
Improvements Assessment
$140,000 (2024)
Total Assessment
$232,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 33396563

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 37 Lucas Ave, Kingston, NY 12401

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