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Business Opportunity

Washboard Laundromat

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1608 Okoboji Avenue
Milford, Iowa

Space Available: 3,095 sq. ft.

For Sale: $260,000

Property Description

  • 3,095 sq. ft. commercial building located on Okoboji Avenue (Hwy 71) between 16th & 17th Streets in Milford, Iowa.
  • Commercial Laundromat with 24 top-load washers, 16 dryers and 3 front load large-capacity commercial washers.
  • Ample room for additional machines.
  • 280 sq. ft. office area currently being utilized as storage.
  • Paved on-site parking .
  • List price includes building, land , all equipment, furniture and fixtures including the candy vending machine and coin machine.
  • Monument signage on Okoboji Avenue.
  • Rear of the building houses an occupied apartment with rental income of $400/month.
  • The 60’ X 80’ commercial building sitting east of the Laundromat is not included in the list price.
  • Located in the heart of Milford. Excellent location to build the current business and/or locate a new business.
  • Excellent highway (Hwy 71) visibility.
  • Neighbors include Dairy Queen, Buy Rite Grocery ,Oleson Landscaping & Design, Edward Jones, Rodeway Inn, Eagles Club, Perkins, Subway, Chiropractor, and United Community Bank.
  • Milford is located approximately 107 miles southeast of Sioux Falls in northwest Iowa. It is referred to as the southern gateway to the Iowa Great Lakes. Milford has a population of 2,432.
  • Financial information will be provided to qualified buyers upon request and signing of a confidentiality agreement.

Brokers

Bryan Mulder

Broker Associate

Bryan Mulder joined NAI Sioux Falls after acquiring 15+ years in sales, franchising, consulting and training in the Midwest. Bryan has dealt with retail business site selection, consulting with owners/managers on project cost analysis as well as operational cost control of businesses.

Learn more about Bryan
View Bryan's listings here