Sweetwater Suds and More Specialty FOR SALE


Sweetwater, TX
$599,999 USD
325-660-2032
, Sweetwater, TX for Sale
$599,999 USD
Specialty - FOR SALE
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Sweetwater Suds and More
Sweetwater, TX


HIGHLIGHTS

  • High traffic/Main Commercial Street
  • Assignable leases for automatic income generation.
  • Opportunity to purchase with other owner portfolio.

OVERVIEW

Amazing opportunity for investors and/or owner users. This portfolio is part of an entire city block on Sweetwater's main commercial street off of the 500 Block of East Broadway. This package of properties includes approximately 1/3 of the city block from the corner of Crane St. 511 E 1st St is Sweetwater Suds, one of the only two washeterias in town, with approximately 2,400 sq ft. It's currently managed by the owners, and employs 2 full time attendants and 1 part time attendant. The new stainless steel washers and dryers that were recently installed into the new bulkheads will require additional up front cost. The adjoining building/business is currently leased by the Shipp Tax Service with approximately 1,200 sq ft. This property includes another lease to assume, the Watermill Express, bringing in even more revenue. These businesses have been in operation for years and are well established. An owner could operate and manage the washeteria, while benefiting from assuming the two triple-net leased businesses to generate even more income. There is further opportunity to expand this purchase along with the remaining city block and the businesses/buildings on it. There is also another washeteria adjoined to a liquor store, that the owners are also selling, and willing to package all together.

ASK ABOUT THIS PROPERTY

Danelle DavisSweetwater Real Estate Company LLCMore Info
325-660-2032

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Danelle DavisSweetwater Real Estate Company LLCMore Info
325-660-2032

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.