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$ 1,400,000
Est. payment /mo
Active
3520 W 3500 S West Valley City, UT 84119
0.31 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2143525
Construction Status Blt./Standing
HOA Y/N No
Year Built 2022
Annual Tax Amount $1
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Retail
Property Description
7.5% Cap Rate for the West Valley location. Excellent opportunity to acquire a cash-flowing commercial property with an established operating business. This location is part of a four-property laundromat portfolio in Salt Lake County offered at $6,175,000. Investors may purchase individual locations or inquire about the full portfolio. Each laundromat in the portfolio has been recently renovated and equipped with modern, high-efficiency machines featuring integrated management software that allows owners to monitor performance, usage, and operations remotely from a smartphone or computer with an internet connection. All locations are positioned in high-traffic neighborhoods across Salt Lake County, providing strong customer access and consistent demand for self-service laundry. This specific listing is located in the Rose Park area of Salt Lake City, serving a dense residential population with steady laundry demand. Portfolio structure: Four total laundromat locations Two owner-occupied properties included in the sale Two leased locations with long term lease terms and extension Additional portfolio listings: MLS 5312835 MLS 2137580 MLS 5314876 MLS 5316827 This opportunity may appeal to investors seeking stable cash flow, entrepreneurs entering the laundromat industry, or experienced operators looking to expand an existing portfolio. Sale includes the leasehold interest only for this long-term leased location, together with all furniture, fixtures, equipment, and operating systems necessary to continue the business. Real property is not included in the sale; purchaser will acquire the business and FF&E at this established site, subject to the terms of the existing lease.
Location
State UT
County Salt Lake
Area Magna; Taylrsvl; Wvc; Slc
Interior
Fireplace false
Exterior
View Y/N No
Present Use Retail
Private Pool false
Building
Faces South
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 15-29-451-030
Horse Property No
Listed by Colliers International LLC (Wasatch)
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