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342 E Sheridan St

Ely, Minnesota, 55731, United States

Property ID: #702836 // commercial
342 E Sheridan St
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Traditional Sale
List Price:
$300,000.00
Icon - ft²
Icon 0.14 acres
Icon - beds
Icon - baths
Address:
342 E Sheridan St
City:
Ely
State:
Minnesota
Zip Code:
55731
County:
St. Louis
Subdivision:
Whitesides Add To The Town Of Ely
Country:
United States
Property Type:
Commercial
Additional Property Types:
Other
Year Built:
1910
Lot Size:
0.14 acres
Data Source:
Northstar MLS
MLS/Reference Number(s):
NST6374678
Source Status:
Active
Source Property Type:
Commercial, Other

Property Provided By

  • Andrea Zupancich
  • z'Up North Realty, Inc.
  • +1 (218) 749-0159
Cashifyd
Connect with a local buyer's rep to get up to
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Property Information

This is an amazing turnkey business opportunity in Ely, Minnesota. With over 22 years of successful operations by the retiring owners, this laundromat has been kept up-to-date and well-maintained. There are 14 dryers, 9 top-loading washers, 8 front-loading washers, 2 triple-load washers, and 1 double-load washer. Nice clean 11x19 sitting/folding area with a flat-screen TV and plenty of counter space. Along with equipment upgrades, recent building upgrades include floor and ceiling tile in the main laundry area, vinyl siding, a new roof, air conditioning for the commercial laundry basement area, and newly installed plumbing pipes. There are 17+ resorts and personal accounts that contribute to its success with daily traffic counts of 7700 cars per day on Sheridan St. The property also features a spacious 3-bedroom furnished apartment which can be used as an extra income source or can be used as owner's quarters. Don't miss out on this unique chance to own your own business!

Directions

From Ely City Limits, keep going east to second stop light. Located at the end of the block past the stop light on the south side of the street.

Source Disclaimer

Northstar MLS

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Listing courtesy of z'Up North Realty, Inc..
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