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Retail Space with Laundromat Equipment

240 N MAIN ST, Parowan, UT 84761

For Sale
$69,900

Existing laundry operation includes recently updated drying and washing equipment.

Property Size1,200 SF
Days on Market103

Property Features for 240 N MAIN ST

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Building Size 1,200 SF
Year Built 1968
Abandoned No
Listing Agency: Coldwell Banker Advantage Real Estate Corporation
Listed By: Catherine A Klemic
Source: Liftrealty
Added: Jul 30 Changed: Nov 8 Last Checked: Nov 8 at 7:01AM

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 Coldwell Banker Advantage Real Estate Corporation

Rey
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Investment Insights

Based on property information with market context.

This retail property houses an operating laundromat business with laundry equipment included in the offering. The dryers were replaced in 2023, and some washers were added during the current year. The business is offered separately from the building, which is available under a lease arrangement.

The property is located at 240 N Main St in Parowan, Utah, serving customers from Parowan, Paragonah, Summit, and Brian Head. Originally built in 1968, the building provides an established setting for the existing laundry operation.

Key Highlights

  • Laundromat business offered with all equipment included
  • Dryers are new in 2023
  • Some washers are new this year

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 84761, UT

3,210
Population
1,499
Households
2.1
Avg Household Size
42
Median Age
19%
College-Educated
91%
High-School Grad
127.1 sq mi
ZIP Area
25
Density / Sq Mi
$50,582
Median Household Income
$29,025
Median Earnings
$962
Median Rent
$312,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Existing laundry operation includes recently updated drying and washing equipment.
Where is this retail space located?
The property is located at 240 N MAIN ST Parowan, UT.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: Laundromat business offered with all equipment included; Dryers are new in 2023; Some washers are new this year
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