1,396 sqft

$449,000

3508 E State Hwy 20, Nice CA, 95464

Price per sqft$321.63

Built in1963

Property size1,396 sqft

Property typeCommercial

Overview

Active

Listed Jul 31, 2026

Updated Aug 1

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

Additional information

MLS^® ID: LC26166501

Interior Features

Basement: No

Exterior Features

Lot Size: 0.3 Acres

Listed by Hannah Wright, Konocti Realty, CA DRE 01943441

Listing Contact: 707-671-3604

Based on information from the CRISNet MLS as of 8/1/2026, 8:11 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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