426 1st St Kersey, CO 80644-5001
Exceptional investment opportunity in Kersey, Colorado! This unique property, located at 426 1st St, combines a well-established laundromat with significant rental income potential. The 1,536 square foot building, constructed in 1934 and situated on a 0.22-acre lot (APN R4157386), is zoned C and offers a diverse range of income streams. The laundromat itself has been recently updated and has enjoyed decades of successful operation. In addition to the laundromat, the property includes a two-bay car wash (one bay currently operational), a one-bedroom apartment, and a separate shop. The apartment, recently rented for $1,100 per month, and the shop, previously rented for $800 per month, present immediate opportunities for rental income generation. The asking price of $429,900 includes all existing equipment and fixtures. This single-story building presents a rare chance to acquire a turnkey business with substantial upside potential through maximizing rental income from the vacant apartment and shop. This is a truly unique opportunity to own a profitable business and generate passive income. Don't miss out on this exceptional investment opportunity!
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Kersey Laundromat (Bike/Boat/Book/etc) Store
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Kersey Car Wash Car Wash
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
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.