Downtown Laundromat
38 Main St Rio Vista, CA 94571
For Sale
Contact for pricing
Main Street storefront operating as a laundromat, with an open customer layout for washers, dryers, and folding areas.
Property Size1,150 SF
Price / SF$326.09
Days on Market165
Property Features for 38 Main St
General Information
- Standard status
- Active
- Size
- 1,150 SF
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 1964
Listing Agency:
Christine Perkin
(916) 479-1290
Listed By:
Christine Perkins · License #02095850
Source:
Crexi
Added: Feb 10
Changed: Jul 23
Last Checked: Jul 24 at 5:11PM
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 Christine Perkin
Investment Insights
Based on property information with market context.
38 Main Street is a Main Street storefront commercial property currently operated as a laundromat. The building is configured for laundromat use with an efficient, open interior layout designed to support washers and dryers, along with folding areas and customer seating.
Situated along Isleton’s primary commercial corridor in historic downtown, the property offers street-front presence and convenient access for in-town customers. It serves residents of Isleton and surrounding Delta communities seeking essential in-town services.
For buyers seeking a downtown retail space with an established operating configuration, this property’s current layout supports laundromat operations with a customer-oriented arrangement and straightforward street access.
Situated along Isleton’s primary commercial corridor in historic downtown, the property offers street-front presence and convenient access for in-town customers. It serves residents of Isleton and surrounding Delta communities seeking essential in-town services.
For buyers seeking a downtown retail space with an established operating configuration, this property’s current layout supports laundromat operations with a customer-oriented arrangement and straightforward street access.
Key Highlights
- Main Street storefront commercial property built in 1964
- Currently operated as a laundromat
- Open interior layout designed for washers, dryers, and folding areas
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.1k | $19.20 |
| − Vacancy | −$1.7k | −$1.50 |
| EGI | $20.4k | $17.70 |
| − OpEx | −$6.1k | −$5.31 |
| NOI | $14.3k | $12.39 |
1,150 SF · lease $19.20/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$203.6K
$178.1K – $237.5K
NOI $14,250 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$383.8K
$335.8K – $447.7K
NOI $26,863 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Old Town Laundro ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Retail space - Main Street storefront operating as a laundromat, with an open customer layout for washers, dryers, and folding areas.
Where is this retail space located?
The property is located at 38 Main St Rio Vista, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Main Street storefront commercial property built in 1964; Currently operated as a laundromat; Open interior layout designed for washers, dryers, and folding areas
