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OFF-MARKET
Retail properties & Spaces

123 Anyway Ct Warwick, RI 02888

Property ID
Property summary
AI-generated overview

This turnkey laundromat business in Warwick, Rhode Island, presents a lucrative investment opportunity. Located in a busy Kent County neighborhood plaza, this established business boasts a strong reputation and a loyal customer base. The 170,955 square foot lot houses a single building equipped with state-of-the-art laundry equipment, including 23 washing machines and 11 dryers, ensuring efficient operation and quick turnaround times for customers. Amenities include restrooms, vending machines, a cash machine, and Rhode Island State Lottery tickets. The business also benefits from a successful online presence with its own website, providing additional marketing reach. The current owner is retiring and motivated to sell, making this an exceptional opportunity for a new owner to step into a profitable, established business. The sale includes all existing equipment, and options for operational support, marketing assistance, training, and inventory are negotiable. Potential for expansion exists through added services such as pick-up and delivery, dry cleaning, alterations, expanded vending, and merchandising. No prior experience is required to operate this business. This is a rare chance to acquire a well-established, profitable laundromat in a prime location. The asking price is $250,000.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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