227 231-235 KING STREET Street Active

Sudbury,ON P3C2W2

$ 684900

- Bed

- Bath

3500 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $195

Subdivision Greater Sudbury

MLS Listing ID 40561219

Originating Board Barrie & District Association of REALTORS® Inc.

Property Description

Awesome investment opportunity or even better create a life where you can live where you work! The laundromat is thriving with amazing google reviews and a 4.7 star rating! Make no mistake this is two buildings at one price plus a very successful laundromat business that includes its goodwill and equipment! First building at 227 King is a detached single-family house with one tenant, three bedrooms and a potential for a fourth with a separate entrance to a lower level for lots of storage. The adjacent building at 231-233-235 King comprises two upper apartments with tenants and the laundromat on the main floor that has been operating since the early 60's! The laundromat is very well equipped with 14 washers & 20 dryers under 14 years old and offers room for further expansion and even other business opportunities. Lower level is a vast space for the mechanical workings for the building and the business with lots of other workshop space as a huge bonus. This building has 4 hydro meters and parking spaces are both at front & also at rear off the back laneway. There is a retrofit available for 231-233-235 King building from June 2010. This property presents multiple income streams with its residential units and established commercial enterprise, making it a versatile investment opportunity. DO NOT APPROACH THE EMPLOYEES OR TENANTS UNDER ANY CIRCUMSTANCES RELATING TO THIS LISTING. INCOME AND EXPENSE INFORMATION MAY BE AVAILABLE UPON BUYING AGENT AND BUYER SIGNING AN NDA. (id:24570)

Location

Province ON

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

View More
Favorite Go Tour