Turnkey Laundromat and Retail
For Sale
Contact for pricing
Pending
1122 Eighth Street, Traverse City, MI 49686
Turnkey laundromat business with included machines, inventory, and training, sold together with the real estate.
Property SizeContact for details
Days on Market116
Property Features for 1122 Eighth Street
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Business Included
Yes
Listing Agency:
Krause Realty Solutions
(231) 357-2040
Listed By:
Thomas Krause · License #MI
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Aug 5 at 2:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Krause Realty Solutions
Investment Insights
Based on property information with market context.
Eastfield Commercial Laundry and laundromat is being offered as a turnkey business and real estate package. The sale includes all inventory, machines, and training in the purchase. Recent updates include $50,000 in brand new equipment, and the washers and dryers are equipped with credit card readers for card or change operation.
Both 1122 Eighth Street and 1110 E Eighth Street are included in the deal. The offering is positioned around an existing customer base.
This is a straightforward owner-retire sale that combines the operating laundromat with the underlying commercial property in one transaction.
Both 1122 Eighth Street and 1110 E Eighth Street are included in the deal. The offering is positioned around an existing customer base.
This is a straightforward owner-retire sale that combines the operating laundromat with the underlying commercial property in one transaction.
Key Highlights
- Eastfield commercial laundry and laundromat businesses sold together with the real estate
- Includes all inventory, machines, and training with the purchase price
- Both 1122 and 1110 E Eighth Street are included in the deal
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
943
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 25%
Groceries 23%
Starbucks
Dining
15,610 visits/mo
0.4 miles
Family Fare
Groceries
14,551 visits/mo
0.2 miles
Little Caesars Pizza
Dining
9,060 visits/mo
0.5 miles
The UPS Store
Shops & Services
8,527 visits/mo
0.4 miles
Jimmy John's
Dining
7,341 visits/mo
0.5 miles
Demographics for 49686, MI
25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Turnkey laundromat business with included machines, inventory, and training, sold together with the real estate.
Where is this retail space located?
The property is located at 1122 Eighth Street Traverse City, MI.
What are key features of this property?
This property features: Eastfield commercial laundry and laundromat businesses sold together with the real estate; Includes all inventory, machines, and training with the purchase price; Both 1122 and 1110 E Eighth Street are included in the deal
