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Bill Maddox, DRE#01972575, REALTOR®
(805) 215-0729

3508 E State Hwy 20, Nice, CA 95464

$449,000
  • 3508 E State Hwy 20, Nice, CA 95464 Main Photo

33 Photos

Active
MLS#LC26166501
STATUSActive PROPERTY TYPECommercial - Business

Listing Courtesy of: Konocti Realty
Agency Phone: 707-262-1338
Associate Name: Hannah Wright
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Bill Maddox, DRE#01972575, REALTOR®


Property 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

3508 E State Hwy 20 | MLS# LC26166501

This commercial property located at 3508 E State Hwy 20, Nice, CA 95464 is currently listed for sale with an asking price of $449,000. Search Nice real estate on billmaddox.farrellsmyth.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.30 Acres
Roof Type: Composition
Stories: 1.0
Year Built: 1963

Feature Descriptions

Days on Site: 94
Laundry: See Remarks
Lot: 0-1 Unit/Acre, Street Level
Parcel#: 032115150000
Water: Public

Listed By / Shown By

Listed By

Agency Name: Konocti Realty
Agent Name: Hannah Wright
Agency Phone: 707-262-1338

agent picture

Shown By

Agent Name: Bill Maddox, DRE#01972575, REALTOR®
Agent Phone: (805) 215-0729
Agency Title: Farrell Smyth, Inc.

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 11/02/2026. The listing information on this page last changed on 11/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 11/02/2026 12:00:16 AM EST) or CRMLS (last updated Sun 11/01/2026 11:50:05 PM EST). Real estate listings held by brokerage firms other than Farrell Smyth, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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