907 W Cervantes St, Pensacola, FL 32501

Commercial property for lease

• Description
• This highly profitable and on-going establishment is available for sale at approximately 11.5% Cap rate for your investment. Maintenance and manpower required to run this business is minimal. Current owner comes in to check on the coins in the machines and coin changer two to three times a week. He hires a manager to open up at 8am and then at 8pm, the manager comes back to clean up the place and lock it up.The inside is very nicely kept; clean and lit up nicely so customers feel safe and secure. Cameras provide remote monitoring for the owner.The block building is solid and a new roof was just put on after Hurricane Ivan. Parking surrounds the back and sides of the building.The equipment was purchased in 2008 , and is all in good operational condition. It consists of 23 Washers ( 4 are "High" capacity) and 24 Dryers.This is a multi-tenant building. The hair salon next door offers additional income to the owner of $1,000/month rent. They have been there for many years.A Phase 1 Environmental Report has been done on the building and has "Clean" paperwork.Call me to make an appointment to see this facility today! It is a wonderful business opportunity!Owner financing available with larger down payment. Owner is motivated. Building price details: $599,000.
• Exterior Features

• Parking Type:

  Surface

• Contact info
• David P Wu

  Coldwell Banker Commercial NRT
• Note

• Details Info about this row that located on 907 W Cervantes St, Pensacola, FL 32501 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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