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Manson Laundromat 84 Wapato way 1,200 SF 100% Leased Retail Building Manson, WA 98831 $549,000 ($457.50/SF) 8.31% Cap Rate
EXECUTIVE SUMMARY
Seller financing available with purchase of lots 9-11 (MLS# 2410362) with $650k down. DRAW PASSIVE INCOME from the Valley's only 24-hr self-service laundromat located in downtown Manson, across the street from the beach & post office. Sale includes 3 large-load Continental washing machines, new 2023, (10) 20lb Maytag washing machines, new 2024, (14) 30lb Maytag dryers, 3 soap machines, 2 stand-up vending machines, and change dispenser. Currently generating gross profit of $60k annually, this popular laundromat is a must for any investor's profile. Zero lot line, zoned for a max height of 35 ft. RV parking/hookups on buildable area at the rear, the possibilities are endless, a real developer's dream!
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Building Size
1,200 SF
Building Class
C
Year Built
1948
Price
$549,000
Price Per SF
$457.50
Cap Rate
8.31%
NOI
$45,632
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.07 AC
Zoning
Downtown Commercial - Mixed Use zoning allows for 35-foot height limit.
Frontage
23’ on Wapato Way
AMENITIES
- 24 Hour Access
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 49461 | Total Assessment | $182,322 (2024) |
| Land Assessment | $57,500 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $124,822 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
49461
Land Assessment
$57,500 (2024)
Improvements Assessment
$124,822 (2024)
Total Assessment
$182,322 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Manson Laundromat | 84 Wapato way
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