285 Head Dr Cleveland, AL 35049
- Retail properties
- 0.90 lot acres
Current Use by Public Records
- Jerry's Laundromat / Laundry Service
- Porboy Outdoors / Lawn Mower Store / Small Engine Repair Service
Property Details for 285 Head Dr
- Year built
- 1999
- Lot size
- 0.90 lot acres
- Property type
- Retail properties
Description
This exceptional investment opportunity in Cleveland, AL, presents a rare chance to acquire a thriving dual-business property situated on a 0.9-acre lot. The main business, a highly successful 24-hour coin-operated laundromat, boasts approximately 2,500 square feet of space. Equipped with modern, three-year-old washers and dryers, the laundromat maintains a clean and well-maintained environment, featuring bright lighting, a public restroom, ample workspace with folding tables and rolling baskets, and vending machines for added revenue. This established business averages $7,000 in monthly revenue and enjoys a monopoly in its immediate area. The second space, formerly an outdoor equipment store, offers approximately 5,133 square feet of indoor space with an additional 5,567 square feet of rear storage, providing significant flexibility for a variety of business ventures. This area includes good lighting, existing shelving, and a fenced outdoor area. The property's prime location and the combined income potential of the two businesses make this a truly unique and lucrative investment opportunity. The property is priced at $475,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Blount
- State
- Alabama
- Longitude
- -86.5836
- Latitude
- 33.9885
