10 UNIT APARTMENT • LAUNDROMAT • CAR WASH 525 N Central Ave Local commercial 971 m² 100 % Loué À vendre Milaca, MN 56353 1 297 941 € (1 336,16 €/m²) Taux de capitalisation 8,51 %

Prime commercial opportunity in the heart of Milaca! This expansive 12,000 sq ft building offers exceptional visibility and versatility along Central Ave. Currently operating as a fully equipped laundromat and car wash, the property includes ample off-street parking and strong daily traffic. Solid structure, great signage potential, and excellent access just off Hwy 169. Ideal for owner-operators or investors looking for steady cash flow in a growing community.
Car wash are 1 bay. 2 small storage units.
Laundromat consists of 31 washers, 21 dryers.
See supplements for additional recent improvements.
Other recent updates:
Repaved front parking lot, Replaced concrete slab in front of laundromat, Replaced windows, Added 3 ground level apartments (it was an unoccupied...), Redid the bathrooms in 3 apartments, Redid the kitchen in 1 apartment, Poured cement slab for dumpster behind the building, Re-plumbed behind the washers, Replaced electrical panel, wire/installed new conduit, Replaced Garage Doors, All new washers and dryers, New large coin changer, New vending machine, Replaced metal railing on upper walkway, Replaced block wall at stairway to upper walkway, Replaced outdoor lights with LED and canopies above, Replaced automatic car wash with 2 storage units, Replaced appliances in apartments as needed, Replaced AC units in apartments as needed, Replaced carpet as needed, Replaced mag locks in laundromat.
New boiler will be installed at sellers expense.