16
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$200,000
Est. payment /mo
0.62 Acres Lot
New
1321 Frost AVE Maplewood, MN 55109
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Gladstone, Ramsey Co, , Minn
MLS Listing ID 6765727
Year Built 1960
Tax Year 2025
Contingent None
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions .620
Property Sub-Type Business
Property Description
NO WATER/SEWER BILL!! A rare opportunity to own a fully equipped, income-producing laundromat in the heart of Maplewood, MN. This sale is for the business only and does not include real estate. The laundromat is located on a high-traffic street with excellent visibility and accessibility. With 9 years remaining on the lease, this is a secure, long-term investment for a new owner looking to step into a turnkey operation with immediate cash flow. The business includes 20 high-capacity washers, 22 commercial dryers, 2 change machines, 1 vending machine (pop), 5 folding tables, and 6 laundry carts. The equipment is well-maintained and ready to support both current customer demand and future growth. The laundromat is clean, functional, and has room for added services such as wash-and-fold or pickup and delivery to further increase revenue. The surrounding area is rapidly growing, with new apartment buildings completed directly across the street and additional developments just blocks away. This expanding residential base provides a strong and growing customer base, making this an ideal location for continued success. This is a great opportunity for an owner-operator or investor to acquire an established laundromat in a thriving community. All machines, leasehold improvements, and business goodwill are included in the sale. Real estate is not included.
Location
State MN
County Ramsey
Zoning Business/Commercial
Interior
Heating Boiler
Inclusions Business Assets, Business, Fixture/Equipment, Inventory, Leases
Fireplace No
Exterior
Parking Features Parking Lot, Unassigned
Utilities Available Electric Separate, Heating Separate
Present Use Laundromat
Building
Foundation 1200
Sewer City Sewer/Connected
Water Well
Structure Type Brick/Stone
Schools
School District North St Paul-Maplewood
Listed by Vance Ross • Keller Williams Premier Realty
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