3430 Jefferson Ave Ecorse, MI 48229-1824
This exceptional owner-user opportunity presents a well-maintained laundromat in Ecorse, Michigan. Located at 3430 W Jefferson Ave, this 1,496 square foot storefront sits on a 0.08-acre lot and boasts a highly visible corner location. Built in 1934, the single-story building features a secure folded gate, enhancing safety and security. The asking price is $130,000, which includes all existing equipment. A sale without equipment is also possible at $150,000, with possession available 14 days post-closing. This property presents a unique investment opportunity, ideal for an owner-operator seeking an established business. The property is currently vacant and ready for immediate occupancy. The price per square foot is $86.90. A land contract with a 50% down payment is considered. The property is located in Wayne County, Michigan, zip code 48229. This is a single-unit, single-building property. Serious inquiries only. No lockbox access is available
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
Similar Nearby for Lease
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.