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119 S Forest Ave
Luverne, AL 36049

$135,000 USD

Specialty For Sale  •  2,400 SF

Property Details

  • Property Type Specialty
  • Total Building Size 2,400 SF
  • Lot Size 0.1 AC
  • Building Class C
  • Year Built 1920
  • Cap Rate 5.56 %
  • Zoning Yes
0 Transit Score
58 Walk Score

Description

Lock and key operation. This commercial property has everything you need to reopen the Luverne Cleaners and be in business. It has been in business for over 50 years and is a staple in the downtown Luverne district. It has been run by the same family for the past 30 years, and it is time to retire. 

Building incudes: Alteration department with sewing machines and supplies with a hemming machine, surger and plain sewer. There is a “Susie” for steaming coats and dresses, steam presses, legger and mushroom, vacuum for pressors, hot head press with double legger and topper. Also includes a collar press, shirt presser, gas commercial dryer, 35# commercial washer, Maytag washer, spinner, dryer for cleaning fluid, dry clean machine, gas Hurst boiler, sorting out buggies, and air compressor. 

The building has an office, storage room, and a front area for customers to pick up their dry cleaning. They have a repairman from Prattville that services all the equipment. This one is a great commercial opportunity. It is located in section 33, township 9 north, range 18 east at latitude 31.7144 longitude -86.2637.

Highlights

This is the only cleaners in Crenshaw County with 18,000 residents
Property comes complete with all equipment needed to open.
Very low over head

Property Flyers

Cap Rate: 5.56 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Danny Rolling 334-335-6784 Butler Land & Timber Co.
Danny Rolling 334-335-6784 Butler Land & Timber Co.