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Two state-of-the-art laundromats 2 Retail Properties Offered at $2,700,000 in Multiple Locations
Executive Summary
Two state-of-the-art laundromats located in the largest city on the Oregon Coast. These well-maintained facilities are stand-alone buildings with newer Dexter equipment, updated plumbing, and brand new FasCard payment platforms. - 1921 Virginia Ave North Bend - 2100sf Building, 15 on-site parking spaces + 1 dedicated ADA space with 21 Dexter washers ranging from 20lb to 90lb and 12 dual-pocket Dexter dryers 30 and 50lb.- 693 Central Ave Coos Bay - 1800sf Building, 12 on-site parking spaces + 1 dedicated ADA space with 17 Dexter washers ranging from 20lb to 90lb and 10 dual-pocket Dexter dryers 30 and 50lb. A third location 20 minutes to the North in the city of Reedsport is also available as part of this sale to a potential buyer. - 320 N 14th Street Reedsport - 2000sf Building with 21 Dexter washers and 12 dual-pocket Dexter dryers. This facility is a mirror image of the North Bend location with gross income equal to the Coos Bay location. Additional location priced at $850,000.
Property Facts
| Price | $2,700,000 | Number of Properties | 2 |
| Price / SF | $691.24 / SF | Individually For Sale | 0 |
| Cap Rate | 8.15% | Total Building Size | 3,906 SF |
| Sale Type | Investment | Total Land Area | 0.34 AC |
| Status | Active |
| Price | $2,700,000 |
| Price / SF | $691.24 / SF |
| Cap Rate | 8.15% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 3,906 SF |
| Total Land Area | 0.34 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 693 W Central Ave, Coos Bay, OR 97420 | Retail | 1,800 SF | 1950 | - |
| 1921 Virginia Ave, North Bend, OR 97459 | Retail | 2,106 SF | 1963 | - |
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