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Executive Summary

Excellent opportunity to acquire a cash-flowing commercial property with an established operating business. This location is part of a four-property laundromat portfolio in Salt Lake County offered at $6,175,000. Investors may purchase individual locations or inquire about the full portfolio. Each laundromat in the portfolio has been recently renovated and equipped with modern, high-efficiency machines featuring integrated management software that allows owners to monitor performance, usage, and operations remotely from a smartphone or computer with an internet connection. All locations are positioned in high-traffic neighborhoods across Salt Lake County, providing strong customer access and consistent demand for self-service laundry. This specific listing is located in the Rose Park area of Salt Lake City, serving a dense residential population with steady laundry demand. Portfolio structure: • Four total laundromat locations • Two owner-occupied properties included in the sale • Two leased locations with long term lease terms and extension Additional portfolio listings: • MLS 5312835 • MLS 2137580 • MLS 5314876 • MLS 5316827 This opportunity may appeal to investors seeking stable cash flow, entrepreneurs entering the laundromat industry, or experienced operators looking to expand an existing portfolio.

Attachments

Big Wash Flier

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,214 SF
Building Class
C
Year Built
1950
Price
$2,309,909 CAD
Price Per SF
$1,043.32 CAD
Cap Rate
10.60%
NOI
$244,882 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
CN
Parking
6 Spaces (2.71 Spaces per 1,000 SF Leased)
Frontage
67’ on 1300 W

Amenities

  • Bus Line
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100

Nearby Major Retailers

Smith's
U.S. Bank
Wells Fargo
Denny's
Rent-A-Center
Fresh Market

Property Taxes

Property Taxes

Parcel Number
08-35-151-008-0000
Land Assessment
$145,615 CAD (2025)
Improvements Assessment
$869,467 CAD (2025)
Total Assessment
$1,015,082 CAD (2025)
  • Listing ID: 39792968

  • Date on Market: 2026-03-16

  • Last Updated:

  • Address: 1315 W 500 N, Salt Lake City, UT 84116

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