315 Riv Rd Decatur, TN 37322
This exceptional investment opportunity presents a profitable mixed-use property in Decatur, Tennessee, listed at $619,900. The property consists of a well-established laundry mat, the only one within Decatur city limits, ensuring consistent customer traffic and reliable income. This key location guarantees a steady stream of patrons seeking convenient and dependable laundry services. Adding to its appeal, the property includes a separate rental space upstairs, providing an additional revenue stream and enhancing the overall return on investment. Financial documentation verified by a certified public accountant is available for serious buyers, showcasing the business's strong financial standing and growth potential. This turnkey operation offers immediate returns and long-term profitability, making it an attractive prospect for investors seeking a stable and lucrative venture in a high-demand market. The property is located at 315 River Rd, Decatur, TN 37322. This is a rare opportunity to acquire a successful, established business with significant upside potential. The property's prime location and the inclusion of the upstairs rental unit contribute to its exceptional value and strong investment prospects. Don't miss this chance to secure a thriving business in a desirable market.
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Wash Barn Super Laundry (Bike/Boat/Book/etc) Store
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U-Haul Neighborhood Dealer Car Rental Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R2 · Decatur, TNDecatur. Always verify with local authorities before improvements.
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.