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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $73
Subdivision Pal City, Foley All Land, Misc
MLS Listing ID 4310263
Sold Date 12/15/21
Originating Board actris
Year Built 1950
Annual Tax Amount $1,700
Tax Year 2020
Lot Size 7,492 Sqft
Property Description
Fully operational self serve coin laundromat by the bay in Palacios, TX. Building has built in studio apt. for owner/operator with kitchen and bathroom facilities, a/c and heat, vinyl plank flooring. Perfect retirement situation for a retiree that wishes to still be active, have a sense of purpose, have social interaction and wants to be in a small quirky town on the Texas Gulf Coast. Can see the bay from the yard. Palacios is The Shrimp Capital of Texas. Palacios is a bird watcher's paradise and regularly reports more bird species than anywhere else in The United States. The miles of public seawall are a great place to walk, jog, bike or rollerskate. Palacios has several public piers and multiple jetties for fishing. The store is directly across the street from park, soccer field, basketball courts, little league fields and public skate park. The building itself was purpose built as a laundromat in the 1940s or early 50s according to longtime locals. It was originally a "Maytag Laundry" which was an open-air self serve laundromat concept built and possibly franchised around The U.S. in that era. Current owner bought abandoned building and rehabbed around 2005 with all Speed Queen machines, new 3 phase electric service, plumbing, other refurbishment including new "Mule Hide membrane roof" and built a living quarters/studio apartment within the building footprint. Sale includes building, land, all machines, equipment, fixtures, business including trade name and all seller's inventory of repair parts. Seller is also willing to include 6 month's of technical assistance to new owner. All equipment/machines are fully owned and paid off so no monthly financing notes to pay.
Location
State TX
County Matagorda
Zoning Grandfathered as commercial laundromat
Interior
Heating Natural Gas, Wall Furnace
Cooling Electric, Wall/Window Unit(s), See Remarks
Flooring Concrete, Vinyl, See Remarks
Fireplace N
Exterior
Utilities Available Above Ground, Cable Connected, Electricity Connected, Other, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Waterfront No
View Fields, Park/Greenbelt, Water
Accessibility None
Parking Type Common, Gravel, On Site, Parking Lot, Side By Side, Unpaved
Total Parking Spaces 10
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Masonry – All Sides
New Construction No
Others
Restrictions City Restrictions,Zoning
Acceptable Financing Cash
Tax Rate 2.765
Listing Terms Cash
Special Listing Condition Standard
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Karla And Victor Aguilar
Agent/Team Lead | License ID: 0664760
Agent/Team Lead License ID: 0664760