San Diego, CA 92109,1609 Garnet Avenue

$177,000

$199,000

11.1%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 12/29/2023

Key Details

Sold Price $177,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 230004713SD

Sold Date 12/29/23

HOA Y/N No

Property Description

1ST TIME LISTED FOR THE LAST 35 YEARS - Sellers are retiring - The property owner will give a 10 year lease to a qualified buyer - All equipment owned - A separate laundromat & a separate full plan dry cleaner next to each other for sale for the price of one - Only employee is aware the businesses are for sale & she is willing to stay, you may go to the 2 locations at anytime during business hours - Located at 1 of the busiest intersections in San Diego, Garnet Avenue & Ingraham, across from 2 very busy & successful shopping centers & 2 gas stations - Over 45,000 slow vehicles pass in front of these 2 businesses every day - Only 1 employee can run both businesses - 9 private parking spaces including 2 handicap spaces - Free parking in the front & side of the business - Over 5,000 square feet - SEE SUPPLEMENT FOR MORE..... Most dry cleaners send out the clothes but this dry cleaner is a full plan business & all the work is done in house - These 2 businesses can generate a lot of profit daily - There is a lot of foot & slow car traffic in front of these 2 businesses around the clock - There is a large extra office which can be subleased for up to $2,000 per month - These 2 businesses are about 6 blocks away from La Jolla & 9 blocks from the beach & crystal pier - All the equipment including all the 31 washers & 32 dryers, all the equipment & machines in the dry cleaner, 12 security cameras & recording devices, all the furniture, both advanced cash registers with the printers, etc. are owned & there is no monthly payment - After the sale, the seller will only take his briefcase & leave everything else behind - Both businesses are on the 1st floor & there are no steps to climb, & they both also have access from the back alley - There are 6 other successful & busy businesses in the same block - The only employee is aware the businesses are for sale, you may go to the 2 locations at anytime during business hours - Trader Joe's Supermarket, Vons Gas Station, Staples, Rite Aid & other businesses are exactly across the street - Vons Supermarket, Petco, CVS, & other businesses are only 200 yards away across the street - The City charges a $7,500 permit per washer & dryer if you are starting a new business, but there is no need to pay for any permits since the 31 washers & 32 dryers are already existing - There was a tailor on site but not anymore, with a new tailor on site the profit will increase a lot - There are a lot of large complexes nearby who use the laundromat & dry cleaner - The seller has contracts with military companies with uniforms & tablecloths - Everything at the business stays for the new buyer, including furniture, cash registers, all the equipment, etc. - After the landlord approves the buyer he will give them a 10 year lease - & MANY MORE.......

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Zoning Retail

Interior

Fireplace No

Others

Tax ID 4240110300

Financing Cash

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California Regional MLS (CRMLS)
Listed by Robert Nourani • Balboa Real Estate Inc
Bought with Out of Area Out of Area • Out of Area
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