1019-49 W Sedgley Ave
Philadelphia, PA 19140
Retail Property For Sale

RARE OPPORTUNITY to own this very unique & LARGE CORNER Laundromat with an extremely huge parking lot that can fit over 50 vehicles (Tax ID#: 882005680)! This Laundromat is about 3,600 sq. ft. and the entire Lot size is about 36,547 sq. ft.! This property sits on about 16 lot addresses! Seller is also selling separately a very big plot of Land directly next door to this Laundromat that is also up for Sale (Tax ID: 885949820)! That entire Lot size is about 15,462 sq. ft.! This separate Lot sits on about 4 lot addresses! This spacious Laundromat is setup as a Coin Laundromat Business that consists of 46 Dryers & 41 Washers. Take advantage of this rare opportunity before it's gone! Laundromat space has tile floors throughout with ceiling fans. Plenty of natural lights shining T/O entire Laundromat to help you save on energy bills! There is a half bathroom on the side the Laundromat. There is a Utility Room towards the back of the Laundromat. This Laundromat generates averagely of about $15,000/month on the coin machines alone. Business also sells laundry detergents, softeners, laundry foldable trolley carts, etc., which these inventories are EXCLUDED from the Sale. Laundromat business opens from 7AM to 9PM, all 7 days a week. The following items were recently updated by Owner: New Stucco (2021), Newer 6 inch Sewer Line (2018), New Central Heating System (2021), New Gas Hot Water Heater (2021), Newer Aluminum Roof & Rubber Roof (2018). There are also video surveillance cameras from outside the property! Start off your new business or investment with this very low maintenance property! Buyer is responsible to reach out to the City for any zoning questions or use variance. Below are some of the Business Expenses: Water ($1,671/mo.), Electric ($635/mo.), Gas ($1, 225/mo.), Trash ($118/mo.), Sewer ($84/mo.), Comcast Cable TV & Internet ($261/mo.), Business Telephone ($30/mo.), Alarm System ($54/mo.); Property & Liability Insurance ($12,000/year), Property Tax ($4,966/year) . Run the existing Laundromat business to generate instant cash flows OR open up your own business! So your investment possibilities are endless w/ this very large CORNER Commercial Property! Possible Redevelopment Opportunity! Property is being sold strictly in AS-IS, WHERE-IS condition! Buyer is responsible for any & all repairs (if needed). Septa bus / trolley stops & public transportation are easily accessible in the area! Close to shopping centers/plazas, supermarkets, stores, gyms, restaurants, parks, & much more! Easy access to all major highways! Minutes away from Temple University School of Pharmacy, Temple Medical Schools, Temple University Hospital, Temple University Main Campus, & many more! PRICED VERY COMPETITIVELY TO SELL!! Get an offer in quickly before it's gone!!