Investment Opportunity – Mixed-Use Income Property with Laundromat

Investment Overview

High-Cash-Flow Mixed-Use Investment with 24-Hour Laundromat

1699 US Highway 441 | Leesburg, Florida

This is a rare opportunity to acquire a high-performing mixed-use income property anchored by a 24-hour coin laundromat and fully leased residential units, located along the heavily traveled US Highway 441 commercial corridor in Leesburg, Florida.

Situated on 0.67 acres with C-2 commercial zoning, the property delivers diversified income streams, stable tenancy, and significant operational upside. The asset is 100% occupied, professionally maintained, and currently self-managed by the owner, making it an ideal investment for both passive investors and owner-operators.

Investment Highlights

Strong Cash Flow

• Total Annual Income: $218,400

• Total Annual Expenses: $35,500

• High-margin laundromat business with strong local demand

Diversified Income Streams

• Four apartment units

• One single-family rental home

• Established 24-hour laundromat operation

Fully Leased Residential Units

• Stable tenant base with annual leases in place

• Consistent monthly income from residential units and single-family home

Established Laundromat Business

• 20 washers / 20 dryers

• Well-known brands: Dexter and Speed Queen

• Open 24 hours, serving surrounding residential communities

• Consistent monthly revenue averaging $12,000, occasionally reaching $14,000

Revenue Growth Opportunities
New ownership can immediately expand income through:

• Wash & Fold services

• Pick-up & delivery laundry services

• Commercial laundry contracts with nearby businesses

Property Details

Residential Units (Built 1961)

• Two (2) 1BD / 1BA units

• Two (2) 2BD / 1BA units

Additional Residence

• One single-family home generating $1,600/month

Laundromat Building

• Approx. 1,152 SF

• Built in 1980

• Recently serviced machines

Recent Capital Improvements

Major improvements completed in 2023 include:

• New roofs

• New hot water heaters

• Fresh interior and exterior paint

• Serviced laundry equipment

These upgrades reduce near-term capital expenditure for the new owner.

Prime Commercial Location

Located along US Highway 441, one of the region’s primary commercial corridors, the property benefits from:

• Strong daily traffic counts

• Excellent visibility and accessibility

• Dense surrounding residential population

• Continued commercial and residential growth

The location supports consistent laundromat demand and stable residential occupancy.

Ideal Investment Profile

This opportunity is ideal for:

• Cash-flow focused investors

• Laundromat operators expanding locations

• 1031 exchange buyers

• Value-add investors seeking operational upside

With multiple income streams, strong in-place revenue, and clear expansion potential, this property offers a compelling combination of immediate cash flow and long-term appreciation.

 

Area Overview

Located along US Highway 441, one of the region’s primary commercial corridors, the property benefits from:

• Strong daily traffic counts

• Excellent visibility and accessibility

• Dense surrounding residential population

• Continued commercial and residential growth

The location supports consistent laundromat demand and stable residential occupancy.

Highlights

Investment Highlights

Strong Cash Flow

• Total Annual Income: $218,400

• Total Annual Expenses: $35,500

• High-margin laundromat business with strong local demand

Diversified Income Streams

• Four apartment units

• One single-family rental home

• Established 24-hour laundromat operation

Fully Leased Residential Units

• Stable tenant base with annual leases in place

• Consistent monthly income from residential units and single-family home

Established Laundromat Business

• 20 washers / 20 dryers

• Well-known brands: Dexter and Speed Queen

• Open 24 hours, serving surrounding residential communities

• Consistent monthly revenue averaging $12,000, occasionally reaching $14,000

Revenue Growth Opportunities
New ownership can immediately expand income through:

• Wash & Fold services

• Pick-up & delivery laundry services

• Commercial laundry contracts with nearby businesses

Property Details

Residential Units (Built 1961)

• Two (2) 1BD / 1BA units

• Two (2) 2BD / 1BA units

Additional Residence

• One single-family home generating $1,600/month

Laundromat Building

• Approx. 1,152 SF

• Built in 1980

• Recently serviced machines

Recent Capital Improvements

Major improvements completed in 2023 include:

• New roofs

• New hot water heaters

• Fresh interior and exterior paint

• Serviced laundry equipment

These upgrades reduce near-term capital expenditure for the new owner.

Prime Commercial Location

Located along US Highway 441, one of the region’s primary commercial corridors, the property benefits from:

• Strong daily traffic counts

• Excellent visibility and accessibility

• Dense surrounding residential population

• Continued commercial and residential growth

The location supports consistent laundromat demand and stable residential occupancy.