Established Laundromat with Upside
For Sale
$400,000
104 N Royal Ave, Florence, AL 35630
Neighborhood laundromat for sale with revenue growth opportunities.
Property Size1,800 SF
Price / SF$222.22
Days on Market153
Property Features for 104 N Royal Ave
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Vacant-User
Amenities
Current wash and dry pricing appears below nearby laundromats, offering a new owner the opportunity to increase revenue through modest price adjustments.
Laundromats provide a necessity-based service with consistent demand and repeat weekly customers, supporting stable revenue and reliable cash flow.
A new owner can improve profitability through pricing optimization, expense management, and additional services such as wash-and-fold or vending.
Building Details
Building Size
1,800 SF
Year Built
2006
Listing Agency:
Marcus & Millichap - Birmingham
Listed By:
Eddie Greenhalgh · License #License(s) AL: 0000882980
(205) 510-9200
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 12
Last Checked: Sep 2 at 1:12PM
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 Marcus & Millichap - Birmingham
Investment Insights
Based on property information with market context.
An established neighborhood laundromat is available for acquisition, presenting a business with stable demand and potential for operational improvements. The current pricing for washing and drying is below market rates compared to nearby laundromats, suggesting an opportunity to increase revenue through pricing adjustments. An experienced operator could improve profitability through operational efficiencies, expense management, and additional revenue streams, such as wash-and-fold services, vending, or commercial laundry accounts. The property is 1800 square feet. This offering is suitable for both owner-operators and investors seeking a cash-flowing essential-service business with value-add potential.
Key Highlights
- Established neighborhood laundromat with stable demand.
- Opportunity to increase revenue through pricing adjustments.
- Potential for improved profitability through operational efficiencies and expense management.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
599
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 74%
Shops & Services 26%
Jack's Family Restaurants
Dining
15,566 visits/mo
0.4 miles
Shell
Shops & Services
5,802 visits/mo
0.5 miles
Pizza Chef
Dining
907 visits/mo
0.3 miles
Demographics for 35630, AL
32,671
Population
17,371
Households
1.9
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
25.3 sq mi
ZIP Area
1,291
Density / Sq Mi
$44,168
Median Household Income
$29,081
Median Earnings
$783
Median Rent
$153,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Neighborhood laundromat for sale with revenue growth opportunities.
Where is this retail space located?
The property is located at 104 N Royal Ave Florence, AL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Established neighborhood laundromat with stable demand.; Opportunity to increase revenue through pricing adjustments.; Potential for improved profitability through operational efficiencies and expense management.
