1 Dewey St Pittsburgh, PA 15223-1701
This exceptional investment opportunity presents a thriving laundromat located at 1 Dewey St, Pittsburgh, PA 15223, within the Etna neighborhood of Allegheny County. Priced at $699,000, this turnkey business includes all operational machinery and equipment, ensuring a seamless transition for the new owner. Situated in a high-traffic area, the laundromat boasts a proven track record of consistent cash flow, making it an attractive proposition for investors seeking a stable and profitable venture. The sale includes all existing laundry equipment, eliminating the need for significant upfront capital expenditures. The business name is not included in the sale, allowing for branding flexibility and potential for increased market penetration under a new identity. This property presents a rare chance to acquire a well-established, profitable business in a desirable location, offering immediate returns and significant long-term growth potential. The property's precise location within Etna offers easy access to major transportation routes and a dense residential population, ensuring a steady stream of customers. This is a truly exceptional opportunity for savvy investors looking to expand their portfolio with a proven, cash-flowing asset. Detailed financial records are available upon request.
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Wash Wearhouse Laundromat (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.