Sunshine Laundry Dry Cleaners

Retail-Commercial for Sale
Catylist Listing ID: 30758375
Building Size (RSF): 3,000 SF
Sale Price: $350,000
Unit Price: $116.67 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Usable Size (USF): 3,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2021

Overview / Comments

Dry Cleaning Business with Proven Track Record and Loyal Customer Base. Established in 1920. Great Business Opportunity. Wonderful Location at the intersection of Business 701(Main Street), S. Lee St. and S. Franklin Street in Whiteville, NC. Business includes 2018 20 HP Boiler, Midwest Double Bath Dry Cleaning Machine and Filter System, Petro Miser Reclaimer, 2 UniMac Washing Machines, 3 Dry Clean Utility Presses, Buck Press, Large Table Cloth Press, 2 Legger Press, Topper, UniPress Collar/Cuff & Sleever, Uinpres Buck(shirt).and much more. Liberty touch screen Computer System tracks Customers and Clothing. Building has Lobby, Office, Upstairs Apartment, Large Work area, Large Storage Area, Industrial Garage Doors, and Drive-through Clothing Drop Off/Pickup, and After hours Drop Box. Owner is willing to train new owners.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $1,601 (Annual)
Tax Value Land $84,600
Tax Value Improvements $109,500
Assessed Value - Total($) $194,100 (Annual)

Additional Details

Nearest MSA: Wilmington
County: Columbus
Taxing Authority: Columbus County
Tax ID/APN: 0280.02-96-0942.000
Zoning: COMMERCIAL
Retail Clientele: General
Property Located Between: Madison St and Franklin St
Property Visibility: Excellent
Largest Nearby Street: Bus 701
Feet of Frontage: 144
Highway Access: 701
Airports: ILM
Area Description: Commercial
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,500 SF
Property Condition: Good
Year Built: 1990
Roof Type: Flat
Construction/Siding: Brick
Zoning Description: Commercial
In Flood Plain?: Yes
Lot Frontage: 144
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,520 7,922 13,385
Median Age: 39.78 39.21 39.78
Households: 694 3,042 5,214

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