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Property profile & analytics

1528 Oxford St Worthington, MN 56187-1860

  • Commercial real estate
  • 4,200 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-2065955
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Worthington Laundromat / (Bike/Boat/Book/etc) Store

Property Details for 1528 Oxford St

Year built
1948
Property size
4,200 SF
Property type
Commercial real estate
APN
31-2821-000
APU
312821000

Description

This exceptional turn-key laundromat opportunity is located at 1528 Oxford Street in Worthington, Minnesota. The property boasts a substantial 4,200 square feet situated on a 0.4-acre lot, providing ample space for the existing laundry operation and significant expansion potential. Currently equipped with 30 high-quality commercial washers and dryers, the business benefits from an already established customer base, ensuring immediate revenue generation. The building's layout includes dedicated space readily adaptable for office areas and maintenance rooms, offering flexibility for operational improvements or future business expansion. The asking price for this thriving business and its accompanying real estate is $1,300,000. This presents a unique chance to acquire a profitable, established business with significant upside in a growing community. The property's size and existing infrastructure provide a solid foundation for continued success and potential for increased profitability through strategic expansion or service diversification. The existing customer base and the turn-key nature of the operation minimize the initial investment required to begin generating income. This is an exceptional opportunity for an investor seeking a stable, income-producing asset with significant growth potential. The location in Worthington, Minnesota offers a strong market for laundry services, ensuring a consistent stream of customers. Don't miss this chance to own a successful and established business.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Worthington
County
Nobles
State
Minnesota
Longitude
-95.5895
Latitude
43.6307
CBSA code
49380
CBSA name
WORTHINGTON, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,610
$139,800
$168,100
$307,900
-
$139,800
$168,100
$307,900
More about this property
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