Courtesy of: CHRISTINE CHENG | KELLER WILLIAMS SIGNATURE RLTY
Purchase Type: Sale
MLS ID: WS21066163
Days On Market: 12
Year Build: 1981
Lot size: 0.516
Property Type: Business Opportunity
New Construction: No
Swimming Pool: No
Address: 624 E Compton Boulevard
County: Los Angeles
Neighborhood: Ro - Compton S Of Rosecrans, E Of Alameda
Property Taxes: $0
Location, Location, Location! Located on the popular corner of Compton Blvd. and Santa Fe Ave., Santa Fe Laundry is a 3900 sqft laundry, with so much potential to grow. The business currently has 50 washers and 27 stack dryers, ranging from 2 to 17 years old. Water store, mini-market, and FREE Dry are offered at this location. Perfect for an experienced operator to come in, add new efficient washers and dryers, and renovate the store. The sky is the limit as to how much the business can grow. Brand new lease of 10 years, plus 10 year option at a very low rate of $1.21/sqft including CAM. New roof, new stucco, new exterior lighting fixtures, and parking pavement. Fully attended, just needs a little TLC. Ample parking spaces to share with adjacent Donut and Chinese Fast Food businesses.
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