Laundromat Storefront with Delivery
New
For Sale
$1,590,000
1412 57TH AVENUE E, Bradenton, FL 34203
Renovated laundry facility pairs self-service equipment with an operating wash-dry-fold pickup and delivery business.
Property Size3,680 SF
Price / SF$432.07
Days on Market4
Property Features for 1412 57TH AVENUE E
General Information
Standard status
Active
Size
3,680 SF
Property subtype
Retail
Additional Details
Business Included
Yes
Currently Operating
Yes
Amenities
on-site vending
ATM
Building Details
Year Built
1957
Year Renovated
2021
Listing Agency:
COWEN PROPERTY GROUP
Listed By:
Gregory Cowen · License #3152281
(813) 767-2411
Source:
Endlesssummerrealty
Added: Oct 27
Changed: Oct 30
Last Checked: Oct 30 at 2:16PM
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 COWEN PROPERTY GROUP
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Investment Insights
Based on property information with market context.
At 1412 57th Avenue E in Bradenton, this 3,680-square-foot laundromat includes a wash-dry-fold delivery operation. The building dates to 1957 and received a major renovation in 2021, including plumbing and electrical updates. Laundry equipment includes washers and dryers installed in 2021, tankless water heaters, an ozone system, vending, and an ATM. A Girbau X20125 flatwork ironer is also included; it has approximately one year of use and seven years of manufacturer warranty remaining, subject to verification.
The operating delivery service uses Curbside software with website integration. Customers can book online, receive live notifications, and have orders integrated into daily route schedules. The sale also includes a 2025 Ram ProMaster 2500 delivery van with fewer than 40,000 miles. The property is in the Oneco area, along 57th Avenue East, with access to nearby residential neighborhoods and the broader Bradenton market.
The operating delivery service uses Curbside software with website integration. Customers can book online, receive live notifications, and have orders integrated into daily route schedules. The sale also includes a 2025 Ram ProMaster 2500 delivery van with fewer than 40,000 miles. The property is in the Oneco area, along 57th Avenue East, with access to nearby residential neighborhoods and the broader Bradenton market.
Key Highlights
- 3,680‑square‑foot laundromat with an operating wash‑dry‑fold delivery service
- Major building renovation in 2021 included plumbing and electrical updates
- Washers and dryers installed in 2021; tankless water heaters and ozone system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,255
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,100
$905.1K
Cap Rate 7%
$646,500
$646.5K
Cap Rate 9%
$502,833
$502.8K
Market Conditions
NOI Build-Up for 3,680 SF
Gross rent
$66.2K $18.00/SF
− Vacancy
−$1.6K −$0.43/SF
EGI
$64.7K $17.57/SF
− OpEx
−$19.4K −$5.27/SF
NOI
$45.3K $12.30/SF
Area
Manatee County, FL
Vacancy
2.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,100
Cap Rate 7%
$646,500
Cap Rate 9%
$502,833
Alternative Uses
Best Use
Retail
$646.5K
$565.7K – $754.3K
NOI $45,255 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$946.9K – $1.26M
NOI $75,752 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Electronics 37%
Sunoco
Shops & Services
4,153 visits/mo
0.3 miles
Cricket Wireless Authorized Retailer
Electronics
3,055 visits/mo
0.1 miles
Gravely Of Bradenton
Shops & Services
1,101 visits/mo
0.1 miles
Demographics for 34203, FL
39,853
Population
20,709
Households
1.9
Avg Household Size
48
Median Age
26%
College-Educated
87%
High-School Grad
15.5 sq mi
ZIP Area
2,571
Density / Sq Mi
$68,030
Median Household Income
$39,829
Median Earnings
$1,437
Median Rent
$302,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Floristeria 4 Hermanos (Farmers Market) — 5108 15th St E, Bradenton, FL 34203
Frequently Asked Questions
What type of property is this?
Storefront property - Renovated laundry facility pairs self-service equipment with an operating wash-dry-fold pickup and delivery business.
Where is this storefront property located?
The property is located at 1412 57TH AVENUE E Bradenton, FL.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: 3,680‑square‑foot laundromat with an operating wash‑dry‑fold delivery service; Major building renovation in 2021 included plumbing and electrical updates; Washers and dryers installed in 2021; tankless water heaters and ozone system
