$550,000
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2,400 SqFt
SOLD DATE : 12/05/2022
Key Details
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $208
Subdivision Lockhart Commercial West
MLS Listing ID 9921879
Sold Date 12/05/22
Originating Board actris
Year Built 1982
Tax Year 2021
Lot Size 0.464 Acres
Property Description
Long-established Coin Laundry, REAL ESTATE INCLUDED (40 Years in Business) BUSINESS OPPORTUNITY - Austin MSA!
40 year Established Family Run Business - retiring and now it is your opportunity to grow the business to the next level. Closed during Covid and currently only open 4 days a week. Owner will not consider an asset only sale, nor will they do real estate only. Must buy all.
Lockhart is a fast-growing city located in the Austin MSA and located on the growth corridor/triangle of the 130-toll road that leads to the Tesla facilities, Samsung facilities and all the new companies relocating to the area. All easy commutes including the Austin Bergstrom Airport.
For over 20 years, Lockhart has officially been known as the Barbecue Capital of Texas by the Texas Legislature. Visit your new asset and while there enjoy the state's best barbecue restaurants – Black's Barbecue, Kreuz, Chisholm Trail, and Smitty's.
A few of the potential growth opportunities:
Re-Open 7 days a week
Move the business to an automation style format
Re-start the On-Site Laundry by the pound service, closed during Covid.
Additional Income already in place:
Trailer space rental – long standing space rented at $600 a month, in parking lot with their own meter.
Location
State TX
County Caldwell
Zoning COMMERCIAL F1
Interior
Heating Central
Cooling Central Air
Flooring Concrete
Fireplace N
Exterior
Utilities Available Above Ground, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Waterfront No
View None
Accessibility Accessible Washer/Dryer
Total Parking Spaces 40
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction No
Others
Restrictions City Restrictions,Zoning
Acceptable Financing Cash, Conventional, 1031 Exchange
Tax Rate 2.4783
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with Link Realty, LLC
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