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Choice Laundromat 37 Lucas Ave 1,773 SF Retail Building Kingston, NY 12401 $932,310 CAD ($525.84 CAD/SF)
Investment Highlights
- Great Location
Executive Summary
Take advantage of this rare opportunity to own a well-established laundromat situated on the corner of Lucas & Washington Ave in Kingston. This turn key operation has built a loyal customer base, providing a steady stream of income and growth potential. Key Features: Prime Location, high traffic area, 1775 sq ft of well lit space with 21 high efficiency washers and 25 dryers, snack/drink, detergent & 2 money card vending machines. Drop off laundry service. Income & Expense statements available Seller is willing to provider support and training for a smooth transition
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,773 SF
Building Class
C
Year Built
1960
Price
$932,310 CAD
Price Per SF
$525.84 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
R-5 - Multiple Residence District that allows for higher-density residential development, including townhouses and multi-family buildings.
Parking
12 Spaces (6.77 Spaces per 1,000 SF Leased)
Frontage
About 37 LUCAS AVE , KINGSTON, NY 12401
Laundromat
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0800-048.330-0002-017.000-0000 | Total Assessment | $317,197 CAD (2024) |
| Land Assessment | $125,785 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $191,412 CAD (2024) | Tax Year | 2023 |
Property Taxes
Parcel Number
0800-048.330-0002-017.000-0000
Land Assessment
$125,785 CAD (2024)
Improvements Assessment
$191,412 CAD (2024)
Total Assessment
$317,197 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
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Choice Laundromat | 37 Lucas Ave
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