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    3508 E State Hwy 20 Nice, CA 95464

    For Sale
    $650,000

    Commercial Sale - Nice, CA

    Property size:
    1,396 SF
    Days on Market:
    143
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 3508 E State Hwy 20

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C1
    APN
    032115150
    Size
    1,396 SF

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Architectural style
    Other

    Country Air Properties (707) 349-1008 [email protected]

    Listing agent Jenna Rezzonico (707) 263-2620 License #02001926

    Listing date Jul 24, 2025

    MLS# LC25166036 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Laundromat with Rental Income

    This property in Nice, California, presents an opportunity to own an operating and fully remodeled laundromat with additional rental income potential. The property includes a fully upgraded laundromat, a second commercial unit that is currently rented, and a fixer mobile home. The property has a newer roof, updated electrical systems, and separate electrical meters for each unit. A 250 sq ft back area with water and sewer hookups offers the potential to be renovated into a studio unit for added income. The laundromat is located in a walkable area with customer traffic. The facility is equipped with full remote-control capability, allowing remote operation of doors, lights, A/C, and security cameras. A full security system is installed, and all laundry equipment is included. The property is zoned C1 and has a total size of 1396 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Kitchen & Bath Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nice
    County
    Lake
    State
    California
    Longitude
    -122.845457
    Latitude
    39.123251

    Nearby Similar for Sale

    • $499,000

      Lakefront Duplex with Panoramic Views

      Lakefront duplex featuring two 3-bed, 2-bath units with stunning views.
      4571 E State Hwy 20, Nice, CA 95464
      View Details
    • $375,000
      4,550 SF

      plus an additional 1100sqft property currently rented as a cafe restaurant

      good supplemental rental income. Two separate parcels
      3794 State Hwy 20, Nice, CA 95464
      View Details

    FAQs

    What type of property is this?
    Retail space - Turnkey laundromat with rental income and expansion potential in Nice.
    Where is this retail space located?
    The property is located at 3508 E State Hwy 20 Nice, CA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Fully remodeled, operating laundromat in a prime, walkable location with steady customer traffic, offering immediate income.; - Additional rental income potential from a currently rented commercial unit and a fixer mobile home.; - Potential to create a studio unit from the 250 sq ft back area with existing water and sewer hookups for increased revenue.
    (707) 263-2620
    Request Owner's contact information
    3508 E State Hwy 20 Nice, CA 95464
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    Nice, CA 95464
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3508 E State Hwy 20 Nice, CA 95464
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