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37 Lucas Ave Kingston, NY 12401

Sponsored
For Sale
$849,999

Established Laundromat, High Income Potential

Property size:
1,773 SF

Description

Added:
Feb 3, 2025
Days on Market:
339
This exceptional opportunity presents a well-established laundromat in a prime Kingston, NY location at the corner of Lucas and Washington Avenues. The 1,773 square foot building sits on a 0.13-acre lot and boasts a loyal customer base, ensuring a consistent revenue stream. The business is a turnkey operation, ready for immediate ownership and profitability. The spacious, well-lit facility houses 21 high-efficiency washers and 25 dryers, maximizing operational efficiency and minimizing utility costs. Further enhancing revenue streams are integrated snack and drink vending machines, detergent vending, and two money card vending machines. A convenient drop-off laundry service adds another layer of customer convenience and income generation. Financial statements detailing income and expenses are available upon request, providing a transparent view of the business's financial health. The seller is committed to a smooth transition and offers valuable support and training to the new owner, ensuring a seamless takeover and continued success. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a thriving Kingston neighborhood. The property's high-traffic location and comprehensive service offerings position it for continued success and expansion.

Property Features for 37 Lucas Ave

General Information

Property type
Other commercial real estate
Square Feet
1,773 SF
Lot Size
5,663 SF

Building Details

Year Built
1960

Property Profile Location Intelligence

Current Use by Public Records

Choice Laundromat Laundromat

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Kingston
County
Ulster County
State
New York
Longitude
-74.02411
Latitude
41.93348

FAQs

What type of property is this?
Commercial real estate - Established Laundromat, High Income Potential
Where is this commercial real estate located?
The property is located at 37 Lucas Ave Kingston, NY.
What is the asking price?
The asking price for this property is $849,999.
More about this property
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