301 E Broad Street
Raymond, IL 62560
Listed: April 24, 2025 (53 days)
Text for showing or question.

$119,000
MLS# 25025265
Commercial Sale
Status: Under Contract

301 E Broad Street
Raymond, IL 62560

$119,000
Status: Under Contract
Text for showing or question.

Bedrooms

Beds

Bathrooms

Bath

3168

Sq Ft Above Grade

Sq Ft

0.078
Acres

MLS# 25025265

Days On Market: 53

Listed: Thursday April 24, 2025 (53 days)

Times this home has been viewed: 110

Turn-key business in the beloved, corner block L.F. Boothe building! This 3,168 +/- sq foot building has housed the same laundromat & apartments since the 90's! The current owners are ready to retire & hand the keys over to a new generation of business owners. The need in Raymond & surrounding towns remains! The laundromat offers 9 top-loading washing machines & two front loaders. There are 6 dryers w/ 1 being handicap accessible. All equipment to run the laundromat business will stay. The back half of the first floor houses the mechanicals. 2 water heaters & 2 forced air furnaces. There are several storage rooms as well. The upper level offers 4 apartments as follows: (3) 2 BR units, 1 bath & (1) 2-3 BR, 1 bath unit. The apartments' electricity is all separately metered. One of the 2 BR apartments is currently vacant & will need some repairs for occupancy. Rent rate for all three is $425. All long-term tenants w/ one tenant calling it home for 20+ years! Ask your agent for more info! Location: Corner Location

Property Description

Photo: 3