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Property profile & analytics
OFF-MARKET Estimated value $3,160,000
Retail space

2020 Maltby Rd Bothell, WA 98021-8669

26,191 SF 2.16 ac lot Built 2000
Entity Owned 13-yr Hold Free & Clear
Property ID
US90-0306689
Property summary
AI-generated overview

This exceptional business opportunity presents the chance to acquire a well-established dry cleaning business in the vibrant city of Bothell, Washington. Located near the bustling Thrasher's Corner shopping center, this iconic dry cleaner has served the Bothell community and surrounding areas for 25 years, building a loyal customer base and strong brand recognition. The owner, retiring after a successful quarter-century, is offering a complete turnkey operation, including all equipment – fully paid for and in excellent condition. This presents a significant advantage, eliminating the need for substantial upfront capital investment in new machinery. The sale includes comprehensive hands-on training and mentoring from the current owner, ensuring a smooth transition and continued success. This is a rare opportunity to step into a profitable, established business with a proven track record and significant growth potential. The business is currently operating at a high level and is ready for immediate takeover. The location benefits from high visibility and convenient access, ensuring continued customer traffic. This is an ideal acquisition for an experienced entrepreneur seeking a profitable venture or a first-time business owner looking for a well-established platform for success. The absence of significant debt associated with the equipment represents a substantial financial benefit, allowing for immediate profitability and the potential for future expansion. Don't miss this chance to own a piece of Bothell's business history.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction TYPE NOT SPECIFIED
Total area 26,191 SF
Lot 2.16 ac (94,090 SF)
Zoning code B2
APN 27052000303800
UPID US90-0306689
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
Current use
Occupant on record · Public records
  • Pride Plumbing Plumbing Service General Contractor
  • Seattle Church Planting Church
  • Smile Dental Dental Office
  • Rebecca Braun CPA PS Accounting Firm
  • Cheryl Granger - State Farm Insurance Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.16M
Owner & transaction history
LSR PROPERTIES INC
LSR PROPERTIES INC
Zoning & alternative use
B2 · Bothell, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Permit Center | Bothell WA
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