Profitable Laundromat Business and
For Sale
$925,000
81 Somerset St, Somerville, NJ 08876
Turnkey laundromat business with building for sale in downtown Somerville.
Property Size6,000 SF
Price / SF$154.17
Days on Market719
Property Features for 81 Somerset St
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$17,077
Amenities
Central air
Blacktop Driveway
Flat Roof
Level Lot
Multi-Zone Cooling
Multi-Zone Heating
Parking Lot-Exclusive
Listing Agency:
BHHS FOX & ROACH
(732) 469-1515
Listed By:
TIM DELUCCIA · License #8243435
(732) 907-2901
Source:
Corcoran
Added: Nov 18, 2024
Changed: Nov 4
Last Checked: Nov 6 at 7:59AM
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 BHHS FOX & ROACH
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A well-established, profitable laundromat business, along with its building, is available for purchase in downtown Somerville. The business benefits from a central location and generates a high volume of both drop-off and self-service laundry. There is potential to expand the washer units and add a second-floor apartment.
Key Highlights
- Profitable laundromat business with building included
- Turnkey operation
- Prime downtown Somerville location
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,551
Businesses Nearby
143k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 35%
Shops & Services 26%
ShopRite
Groceries
55,863 visits/mo
0.5 miles
Tim Hortons
Dining
20,197 visits/mo
0.4 miles
Starbucks
Dining
14,696 visits/mo
0.4 miles
Chase Bank
Shops & Services
10,843 visits/mo
0.3 miles
Playa Bowls
Dining
7,943 visits/mo
0.4 miles
Demographics for 08876, NJ
22,849
Population
9,717
Households
2.4
Avg Household Size
40
Median Age
56%
College-Educated
94%
High-School Grad
16.0 sq mi
ZIP Area
1,428
Density / Sq Mi
$120,823
Median Household Income
$70,464
Median Earnings
$1,776
Median Rent
$468,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Somerset County, NJ
Properties on Market for Retail space in Somerset County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Turnkey laundromat business with building for sale in downtown Somerville.
Where is this retail space located?
The property is located at 81 Somerset St Somerville, NJ.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Profitable laundromat business with building included; Turnkey operation; Prime downtown Somerville location
