Listing provided courtesy of Hannah Wright of Konocti Realty. Last updated 2026-09-01 08:29:25.000000. Listing information © 2026 Sandicor.
Asking Price: $449,000 |
3508 State Hwy 20, Nice CA 95464
Community: LCNIC - Nice
This Mixed Use property was built in 1963 and is priced at $449,000. Please see the additional details below.
Established laundromat/retail space open for over 40 years!
Commercial Investment Opportunity – Turnkey Laundromat + Real Highway 20 Frontage | High Traffic Location
Rare opportunity to own a cash-flowing laundromat with real estate included, plus significant upside potential.
Current Income:
• Approx. $6,000/month gross
• Estimated ~$46,000+ NOI
• Strong ~9% cap rate at asking price
Property Features:
• Fully operational coin-operated laundromat
• All Dexter washers & dryers
• Recently remodeled building (refurbished machines) (~2 years ago)
• New roof
• Updated electrical
• Custom RGB LED signage
• Prime high-visibility location on Highway 20
Additional Income + Value-Add Opportunity:
• Retail rental space with stable tenants
• 2 bed / 2 bath home on-site
• Needs remodel (~$25K est.)
• Potential $1,300–$1,400/month



































