For sale

1654 Eastern Avenue SE
Grand Rapids, MI 49507

$120,000

Bathrooms
1
Finished sq ft
2,062
Lot
0.36 acres
Year built
1961
Property type
Business Opportunity
County
Kent
MLS #
26060181
Days on market
0

About this home

BUSINESS ONLY - NO REAL ESTATE: A rare and exceptional opportunity to acquire a fully operational, high-volume coin-operated laundromat business in Grand Rapids. Known as Eastern Avenue Coin Laundry, this well-established neighborhood facility features a robust, meticulously maintained commercial equipment inventory totaling 51 major assets, generating steady, reliable daily cash flow. The purchase price includes a comprehensive package of commercial laundry machinery: 22 heavy-duty Speed Queen washers (ranging from 60 lb multi-load heavy-duties to reliable 20 lb front-loaders and top-loaders) and 15 dryer bays (featuring Dexter and Speed Queen stack gas tumblers and high-capacity single-pocket units). Additional included income-generating and operational assets feature a dual-hopper bill changer, a retail ATM,