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    745-747 Erie Blvd Rome, NY 13440

    For Sale
    $380,000

    Turnkey laundromat business with apartment in prime location.

    Lot size:
    0.58 Acres

    Property Features for 745-747 Erie Blvd

    General Information

    Lot size
    0.58 Acres

    Building Details

    Year built
    1957

    Source: Miner Realty & Prop Management Agent Michael J Miner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Laundromat with Live-Work Space

    This property features a thriving commercial laundromat with a history of profitability. The laundromat is equipped with modern laundry facilities and benefits from a loyal customer base and a location designed to maximize foot traffic. The first floor laundromat is called Keep Making Suds. Included with the commercial space is a well-maintained 2-bedroom, 1-bath apartment located on the premises, presenting a live-work opportunity.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Rome
    County
    Oneida
    State
    New York
    Longitude
    -75.4754109
    Latitude
    43.2167294

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    FAQs

    What type of property is this?
    Retail space - Turnkey laundromat business with apartment in prime location.
    Where is this retail space located?
    The property is located at 745-747 Erie Blvd Rome, NY.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: - Lucrative, turnkey commercial laundromat business with a loyal customer base.; - Includes a well-maintained 2-bedroom, 1-bath apartment for a live-work opportunity.; - State-of-the-art laundry facilities with modern machines.
    (315) 709-4355
    Request Owner's contact information
    745-747 Erie Blvd Rome, NY 13440
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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
    745-747 Erie Blvd Rome, NY 13440
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