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    190 Washington Ave Russellville, AL 35653

    Sponsored
    For Sale
    $250,000

    Established Dry Cleaner, Prime Location

    Property size:
    2,050 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional offering presents a unique opportunity to acquire a thriving dry cleaning business and its accompanying real estate in the heart of Russellville, Alabama. The property, located at 190 Washington Avenue, boasts a generous 2,050 square feet of space situated on a 0.04-acre lot. The building's prime location offers excellent visibility, with the business front facing Franklin Street and convenient parking available on Washington Avenue. This turnkey operation includes all necessary equipment and fixtures, allowing for immediate commencement of business operations. The dry cleaning business itself has a long-standing history in the community, having cultivated a strong reputation for high-quality services and exceptional customer satisfaction. This represents a rare chance to own a profitable, established business with a proven track record, coupled with the valuable real estate asset. The asking price for this combined offering is $250,000. This package provides a significant advantage for an entrepreneur seeking a ready-made business with immediate revenue potential and a strong foundation for future growth. The property's central downtown location ensures high foot traffic and easy accessibility for customers. This is an exceptional investment opportunity not to be missed.

    Property Features for 190 Washington Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,050 SF
    Lot Size
    1,742 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Russellville
    County
    Franklin
    State
    Alabama
    Longitude
    -87.73079
    Latitude
    34.50595

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    FAQs

    What type of property is this?
    Commercial real estate - Established Dry Cleaner, Prime Location
    Where is this commercial real estate located?
    The property is located at 190 Washington Ave Russellville, AL.
    What is the asking price?
    The asking price for this property is $250,000.
    (256) 766-8499
    Request Owner's contact information
    190 Washington Ave Russellville, AL 35653
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    Russellville, AL 35653
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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
    190 Washington Ave Russellville, AL 35653
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