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    1604 Jefferson Ave Washington, PA 15301

    Sponsored
    For Sale
    $279,000

    Established Laundromat - High Cash Flow

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional coin-operated laundromat, located at 1604 Jefferson Ave in Washington, PA, presents a rare opportunity for a savvy investor. The business, operating successfully for over four decades under the same ownership, is offered at $279,000. This price encompasses the business itself, all fixtures, furniture, and equipment (FF&E), and existing inventory. An assignable lease is in place, ensuring operational continuity for the buyer. The laundromat operates 24 hours a day, seven days a week, requiring minimal maintenance and employing no staff, contributing to its impressive cash flow. The current owner handles all utilities, including gas, electricity, water, and garbage collection. Financial records demonstrate consistent growth in recent years, highlighting the business's strong performance and potential for continued expansion. Situated on a busy thoroughfare in Washington, PA, this laundromat benefits from high visibility and significant foot traffic, ensuring a steady stream of customers. The "Snowy White" laundromat is a turnkey operation, ready for immediate ownership and profitability. This is a truly exceptional opportunity to acquire a well-established, low-maintenance, and highly profitable business. The sale includes all equipment and inventory, making this a seamless transition for the new owner. Don't miss this chance to own a proven money-making enterprise.

    Property Features for 1604 Jefferson Ave

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Washington
    State
    Pennsylvania
    Longitude
    -80.27341
    Latitude
    40.18859

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    FAQs

    What type of property is this?
    Commercial real estate - Established Laundromat - High Cash Flow
    Where is this commercial real estate located?
    The property is located at 1604 Jefferson Ave Washington, PA.
    What is the asking price?
    The asking price for this property is $279,000.
    (855) 450-0442
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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
    1604 Jefferson Ave Washington, PA 15301
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