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Laundromat with On-Site Parking
New
For Sale
Contact for pricing

186-188 Park Street, East Orange, NJ 07017

Operating laundry business and building are offered with equipment and an adjacent customer parking lot.

Property SizeContact for details
Lot Size0.10 Acres
Days on Market2

Property Features for 186-188 Park Street

General Information

Standard status Active
Total Parking Spaces 15
Lot size 0.10 Acres
Property subtype Commercial

Financials

Asking Price $1,200,000
Business Included Yes

Additional Details

Currently Operating Yes

Amenities

A/C
TVs
customer seating

Building Details

Buildings 1
Construction brick
Tenancy Single
Listing Agency: Keller Williams Village Square Realty
Listed By: Phyllis Taylor
Source: Capmarkrealty
Added: Oct 23 Last Checked: Oct 23 at 5:34PM

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 Keller Williams Village Square Realty

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Investment Insights

Based on property information with market context.

This East Orange retail property combines an operating laundromat with the brick building housing it. The business includes 29 commercial washers in 55-, 45- and 30-pound capacities, along with 15 dryers. Additional features include soap and pod vending, air conditioning, televisions and customer seating. The equipment is 2–5 years old and owned free and clear.

The building occupies approximately 0.10 acres, with stated dimensions of 42 by 105 feet. A finished walkout basement adds six rooms. The offering also includes an adjacent parking lot with capacity for 15 vehicles.

The sale encompasses the laundry business, building, equipment and parking lot as a combined offering.

Key Highlights

  • 29 washers in 55-, 45- and 30‑pound capacities, plus 15 dryers
  • Adjacent parking lot accommodates 15 vehicles
  • Finished walkout basement with 6 additional rooms

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Tattoo & Piercing Shop Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,993
Businesses Nearby
186k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 43% Dining 32% Apparel 20% Groceries 3%
McDonald's Dining
44,610 visits/mo 0.3 miles
Wawa Shops & Services
32,162 visits/mo 0.4 miles
Dunkin' Donuts Dining
14,851 visits/mo 0.4 miles
Rainbow Apparel
11,544 visits/mo 0.3 miles
MadRag Apparel
10,215 visits/mo 0.3 miles

Demographics for 07017, NJ

39,054
Population
16,770
Households
2.3
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
2.3 sq mi
ZIP Area
16,980
Density / Sq Mi
$61,552
Median Household Income
$39,847
Median Earnings
$1,346
Median Rent
$316,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Operating laundry business and building are offered with equipment and an adjacent customer parking lot.
Where is this retail space located?
The property is located at 186-188 Park Street East Orange, NJ.
What are key features of this property?
This property features: 29 washers in 55-, 45- and 30‑pound capacities, plus 15 dryers; Adjacent parking lot accommodates 15 vehicles; Finished walkout basement with 6 additional rooms
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