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$ 3,500,000
Est. payment /mo
Active
Flint, MI 48532
8,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $437
Municipality Flint Twp
Subdivision Flint Twp
MLS Listing ID 20261018218
Year Built 1978
Annual Tax Amount $25,087
Lot Size 0.890 Acres
Acres 0.89
Lot Dimensions 122 x 255
Source Realcomp
Property Description
High-volume laundromat and dry cleaning business with real estate included.*** Please do not contact or disturb employees. All showings are restricted to after 3:00 PM. For scheduling and inquiries, contact Yoon.** Rare opportunity to acquire a premier, high-revenue generating commercial asset located at Corunna Rd, Flint, MI. ** This massive facility features a dual-revenue model combining a state-of-the-art Laundromat and a full-service Dry Cleaning operation, all situated on a high-visibility corridor with exceptional traffic counts.*** Priced at $3,500,000, this turn-key acquisition includes both the thriving business operations and the valuable underlying real estate.** No lease or landlord risk, providing long-term stability and asset appreciation potential.** Proven & Stable Operation – Consistent revenue history supported by diversified income streams including self-service laundromat, drop-off service, and dry cleaning.** Semi-Absentee Setup – Fully staffed with experienced and loyal employees, allowing for flexible ownership and management options.** High Barrier to Entry – Significant infrastructure and equipment investment already in place, limiting competition.-- Recent Upgrades & Improvements** Majority of equipment recently upgraded** Two new hot water heaters installed** New coin changer and ATM added** Freshly painted interior and exterior** Major infrastructure improvements completed (including sewer manhole replacement)** All equipment will be paid off prior to closing-- Operational Advantages** Low maintenance costs with dedicated professional mechanic** Includes “Proclean” brand and trademark** Approximately 2 weeks of supply inventory included** Turnkey operation with trained, reliable staff*** Seller will provide up to 1 month of post-closing training and ongoing phone support-- Growth Potential** Increase profitability through owner-operator model** Expand pickup & delivery services** Add commercial accounts (hotels, restaurants, etc.)** Optimize pricing strate
Location
State MI
County Genesee
Area Genesee County - 10
Zoning Commercial
Direction I-75 Exit 124, west on Corunna Rd 1.5 miles.
Interior
Heating Forced Air, Hot Water
Exterior
View Y/N No
Roof Type Rubber
Building
Building Description Brick, Fire Sprinkler
Foundation Slab
Water Public
Structure Type Brick
Schools
School District Carman-Ainsworth
Listed by Keller Williams Paint Creek