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90 Evergreen Drive

90 Evergreen Drive

Marathon, ON

  • 2,400 sqft
  • Sale Of Business
$399,000Price reduced 11%

Established Coin Laundry Business. Discover a thriving business opportunity in the heart of the Boreal Forest in the beautiful town of Marathon, Ontario. This established coin laundry business comes with a range of attractive features. Nestled in the serene Boreal Forest, backing onto natural green space. Includes a 2-bedroom apartment with a 3-piece bathroom, sliding patio doors leading to a private fenced-in patio. Laundry Facility: Equipped with 12 washing machines, 1 giant washer, 1 triple cycle washer, and 7 dryers. Ample parking and easy access for customers, enhanced security system. Modern Utilities: Two on-demand water heaters (2017) and a propane furnace (2017). All major appliances in the apartment are included in the sale. This property offers a perfect blend of business and residential living, making it an ideal investment. Whether you're looking to expand your portfolio or start a new venture, this coin laundry business in Marathon provides a unique opportunity.

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Listing Details

Taxes (2023)
$4,972
Originally Listed
$450,000
Listed
August 6, 2024

Price History

Property

Construction
Vinyl Siding
Roof
Asphalt Rolled
Foundation
Poured Concrete
Interior
Other

Parking

Garage
None
Covered Spaces
0

Utilities

Heat Source
Propane

Location & Legal

Cross Street
Come in the main road into Marathon off Hwy 17, proceed to Johnson Street, turn right, turn right at the end of the road - Evergreen Drive, property on left approx. 400m down.
Parcel Number
624480465
Occupancy
Owner

Commercial

Business Type
Other

Included

Inclusions
All laundromat equipment, washer, dryers, including laundry carts, heavy duty repair cart, sewing machines, Sheet and Spread folder, floor polisher, supplies, mounted portable charging system, security system, monitors, Fridge, Stove, Dishwasher, Microwave Outside storage unit, patio furniture ...
Exclusions
Personal Belongings in apartment, computer
Rental Items
n/a

Community

Postal area P0T

Population
32,000
Private dwellings
17,869
Median age
45.6
Average household size
2.3
Median household income
$77,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Marathon · last 12 months

Median sold price
$188,500
Homes sold
16
Median days on market
56
Sale-to-list price
96.0%

Based on 16 recorded sales of commercial properties in Marathon over the last 12 months.

Listed by

Century 21 Superior Realty Inc.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$4,972

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Two on-demand water heaters. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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