3508 E State Hwy 20, Nice, California 95464

  • $449,000
3508 E State Hwy 20, Nice, California 95464
Active
3508 E State Hwy 20, Nice, California 95464
3508 E State Hwy 20, Nice, California 95464
  • $449,000

Description

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

  • Address 3508 E State Hwy 20, Nice, California 95464
  • State/county CA
  • Zip/Postal Code 95464
  • Country US

Details

Updated on July 31, 2026 at 4:33 pm
  • Property ID: LC26166501
  • Price: $449,000
  • Property Size: 1396 Sqft
  • Land Area: 0.3 Acres
  • Year Built: 1963
  • Property Type: Mixed Use, Commercial Sale
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to New Loan
  • Roof: Composition
  • County: Lake
  • Property Type: Commercial Sale

Contact Information

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Hoyt Hochman

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