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Established Laundromat In Wood River For Sale

Wood River, Illinois, US
Asking Price:
$249,000
Sales Revenue:
Under $100K
Cash Flow:
Under $50K

Laundromat has property in Wood River, IL, only 30 minutes from St. Louis, MO!

The building includes a second retail space with huge potential to house a game room! A license is possible because there is an outfitted kitchen without equipment, and a video gaming license requires space to serve food!

Corner Location! The building is 2,000 square feet!

Median household income is $59k! Perfect location to start a game room or restaurant in the second space!

The seller does not have up-to-date sales of the laundromat because there was a tenant that stopped paying rent, and so the property owners took the business back over.

Only 30 minutes from St. Louis, MO! Only 1 hour, 20 minutes from Springfield, IL! 4 hours 30 minutes from Chicago, IL!

Near universities like Lewis and Clark Community College with over 2,400 students, CALC, the Institute of Technology, the SIU School of Dental Medicine, and Central Elementary School with over 363 students.

Near apartment complexes like Metro Apartments at Wood River, Windham Terrace Apartments, Rocwood Ap, Township Village, and Emerald Ridge.

Near offices like Global Brass & Copper Inc., Wieland Group, 360 Roll Works, and Koch Nitrogen Co.

Close proximity to St. Clare's Hospital and Alton Memorial Hospital.

Near Alton Acres housing development with a total of 100 units and Alton Manor with 46 units!

Close proximity to multifamily housing with 46 units!

Average traffic count of 5,700 vehicles passing by the store each day!

The asking price for the business and property is $249,000!

Property Information

Real Estate:

Real Property Included

Location:

Wood River, IL