San Diego, CA 92109,1609 Garnet Avenue
San Diego, CA 92109,1609 Garnet Avenue
San Diego, CA 92109,1609 Garnet Avenue
San Diego, CA 92109,1609 Garnet Avenue
San Diego, CA 92109,1609 Garnet Avenue
San Diego, CA 92109,1609 Garnet Avenue
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$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
agent-avatar

+1(818) 645-0845

cyrene@cyreneproperties.com

15910 Ventura Blvd. Suite 101 Encino CA 91436, Encino, CA, 91436, USA

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