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1017 E MAIN ST
RICHMOND, IN 47374-4313
Asking Price
Contact for price
Asset Type
Business and Building Retail
Class
Class B
What's Special
Fully Operating Laundromat in Revitalization District of Richmond <p><span style="color: rgba(0, 0, 0, 1)">This long standing, fully operating laundromat sits on a high visibility stretch of East Main St. Property offers excellent visibility, steady traffic and strong potential. Seller will include all machines and</span></p><p><span style="color: rgba(0, 0, 0, 1)">inventory, creating a rare turn-key commercial opportunity. Site is ideal for continuing the current operation or reimaging the space.</span></p><p></p>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
