14
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$1,700,000
Est. payment /mo
6,969 Sqft Lot
Active
1315 W 500 N Salt Lake City, UT 84116
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Oakley
MLS Listing ID 2143526
Construction Status Blt./Standing
HOA Y/N No
Year Built 1950
Annual Tax Amount $6,885
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Retail
Property Description
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.
Location
State UT
County Salt Lake
Area Salt Lake City; Rose Park
Interior
Fireplace No
Exterior
View Y/N No
Present Use Retail
Private Pool No
Building
Faces North
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 08-35-151-008
Listed by Colliers International LLC (Wasatch)