245 SE G Street

    Grants Pass, OR 97526
    • $495,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: 2998265
    UPDATED: 58 min ago
    $495,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,300
      SQFT
    • $150
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:

    School Ratings & Info

    Listing courtesy of Century 21 Harris And Taylor


    Description

    Rare Business Opportunity! The Rogue Cleaners Inc. business is for sale and is a turn key recession proof business with a long term proven track record. This Iconic Downtown Grants Pass Business has been a staple of the community since 1963. Conveniently located downtown this integrated coin operated laundromat with attendant, also offers wash, fold, press & dry cleaning service for the general public, local businesses, and instutional accounts. The current owners have operated the business since the 1980's and have gained a reputation of first class service second to none. The commercial grade washers, dryers, and dry cleaning machines are top of the line, the building has all the electrical and plumbing replaced and or updated. Revenues have grown over the years & the owners will train the new buyers and employees will stay. Current business model with a manager salary would give approx 30% NOI from $360,000 gross income. 20% cap rate recoups in 5 years. Income calculated Pro Forma.

    Monthly Payment Calculator

    © 2019 Southern Oregon Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or FORD REAL ESTATE. Data last updated: 2019-03-23T18:07:42.117.
    www.propertyofsouthernoregon.com/homes/91789303

    245 SE G Street Grants Pass, OR 97526

    • Price: $495,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 2998265
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,300
    SQFT
    $150
    $/SQFT
    1961
    Built
    Neighborhood:
    Se Grants Pass
    County:
    Josephine
    Area:
    Se Grants Pass
    Property Description
    Rare Business Opportunity! The Rogue Cleaners Inc. business is for sale and is a turn key recession proof business with a long term proven track record. This Iconic Downtown Grants Pass Business has been a staple of the community since 1963. Conveniently located downtown this integrated coin operated laundromat with attendant, also offers wash, fold, press & dry cleaning service for the general public, local businesses, and instutional accounts. The current owners have operated the business since the 1980's and have gained a reputation of first class service second to none. The commercial grade washers, dryers, and dry cleaning machines are top of the line, the building has all the electrical and plumbing replaced and or updated. Revenues have grown over the years & the owners will train the new buyers and employees will stay. Current business model with a manager salary would give approx 30% NOI from $360,000 gross income. 20% cap rate recoups in 5 years. Income calculated Pro Forma.
    Exterior Features

    Construction Block Exterior Concrete BlockMetal Parking Spaces 9 Roof OtherMetalSee Remarks

    Interior Features

    Heat Type Space Heater

    Property Features

    Additional Features 3 Phase ElectricUtilities Sep MeterFire Sprinkler Association Southern Oregon Multiple Listing Service Business Opp Type Business ServicesClothing & FashionProfessional ServiceOther Commercial Type Commercial Household Water Available Public Lot Measurement Sqft Lot Size Source (Assessor) Real Property Included No Sewer Public (City) Square Footage Source Assessor Type Of Property Business Opportunity Utilities Available Cable AvailableNatural Gas AvailableElectricity AvailableTelephone Year Remodeled 2016 Zoning Cbd

    © 2019 Southern Oregon Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or FORD REAL ESTATE. Data last updated: 2019-03-23T18:07:42.117.
     
    FORD REAL ESTATE
    1166 Biddle Rd
    Medford OR, 97504
    Listing courtesy of Century 21 Harris And Taylor