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1321 Frost AVE Saint Paul, MN 55109
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Key Details
Sold Price $135,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 27,007 sqft
Price per Sqft $4
Subdivision Gladstone, Ramsey Co, , Minn
MLS Listing ID 6765727
Sold Date 09/12/25
Year Built 1960
Annual Tax Amount $19,636
Acres 0.62
Lot Dimensions .620
Property Description
Buy it for the assets, get the business and lease for free. Now only $150,000, this Maplewood laundromat has no water or sewer bill, more than $150,000 in equipment value, and over 30 years of proven success. Located on a busy street with strong visibility and nine years left on the lease, it is fully equipped with 20 washers, 22 dryers including 10 newer units worth $100,000, change machines, a pop machine, folding tables, and carts. New apartment developments nearby provide steady customer traffic. Growth potential includes adding wash and fold, pickup, and delivery services. A custom app and website can be negotiated with the sale. Upgrades in 2024 include new plumbing, epoxy flooring, and an updated bathroom. This is a turnkey business priced at asset value and ready for immediate cash flow.
Location
State MN
County Ramsey
Community Gladstone, Ramsey Co, , Minn
Zoning Business/Commercial
Direction Hwy 36 east of Interstate 35E to English St. south to Frost
Interior
Heating Boiler
Flooring 27007.0
Exterior
Parking Features Parking Lot, Unassigned
Utilities Available Electric Separate, Heating Separate
Accessibility Fully Wheelchair
Building
Foundation Concrete Block
Water Well
Others
Senior Community No
Tax ID 152922230105
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