Calling all investors! Mixed use investment opportunity for sale on the North side of Lebanon city. Property consists of an operating laundromat (business included in sale - financials available upon request), a warehouse/shop space currently used for automotive service with a sales lot for fifteen (15) vehicles, a two-bedroom apartment, an owner’s residence/apartment (three-bedroom, two bath), a mobile home, and residual land.
The current owner’s live in the owner’s residence and operate the laundromat and automotive business. Investment analysis is available showcasing proforma income assuming all third-party tenants. Residual land is 0.65 acres. Owners have made substantial investments in the past few years, including construction of the shop/warehouse/automotive space (2018), new boiler (2016), new Rheem condenser (2020), new water heater, and new 15-car parking lot (2020). New roofs were installed in 2018 and 2020.