Listed by TCI Group – Jerry Petzoldt Agency LLC
$1,264,700
Colonial Heights Laundromat BUSINESS and PROPERTY
Details
Property Type Retail
Sub Type Storefront
Square Footage 1,750
Tenancy Single
Price per SqFt $723
Year Built 1968
Buildings 1
Stories 1
Acreage 0.230
Zoning B-3
Investment Type Owner/User
Exceptional Investment Opportunity: Profitable Laundromat located at 4117 Fort Henry Drive in Tenn
Marketing description
New Lower Price! Great Investment Opportunity! Profitable Laundromat Business Now Available in Colonial Heights Area of Kingsport. This Business Sale Also Includes the Real Property Located at 4117 Fort Henry Drive. Situated Next to Marathon C-Store, This 1,750 Sq Ft Well Established Laundromat Has Steady Residential and Warrior’s Path State Park Customers. See Investment Strategy document for full positioning, renewal outlook, and redevelopment potential by clicking the FLYER Tab.
Investment highlights
- Consistent revenue growth and market dominance in the area
- Turnkey, high-margin business with minimal oversight required
- Recession-resistant & essential service industry
- Limited competition – few laundromats in the area
- Built-in customer base with loyalty program & strong retention rates
- Owner will consider some financing for qualified buyers
Listing Contacts
Listed by TCI Group – Jerry Petzoldt Agency LLC
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Zoning
B-3 CommercialSpecial CommercialHighway Oriented Business District
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