- For Sale $1,895,000
- Property Type Retail
- Lot Size 0.67 Acre
- Property Tenancy Multi-Tenant
- Date Updated May 15, 2026
Description
High-Cash-Flow Mixed-Use Investment with 24-Hour Laundromat
1699 US Highway 441 | Leesburg, Florida
This is a rare opportunity to acquire a high-performing mixed-use income property anchored by a 24-hour coin laundromat and fully leased residential units, located along the heavily traveled US Highway 441 commercial corridor in Leesburg, Florida.
Situated on 0.67 acres with C-2 commercial zoning, the property delivers diversified income streams, stable tenancy, and significant operational upside. The asset is 100% occupied, professionally maintained, and currently self-managed by the owner, making it an ideal investment for both passive investors and owner-operators.
Investment Highlights
Strong Cash Flow
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Total Annual Income: $218,400
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Total Annual Expenses: $35,500
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High-margin laundromat business with strong local demand
Diversified Income Streams
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Four apartment units
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One single-family rental home
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Established 24-hour laundromat operation
Fully Leased Residential Units
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Stable tenant base with annual leases in place
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Consistent monthly income from residential units and single-family home
Established Laundromat Business
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20 washers / 20 dryers
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Well-known brands: Dexter and Speed Queen
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Open 24 hours, serving surrounding residential communities
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Consistent monthly revenue averaging $12,000, occasionally reaching $14,000
Revenue Growth Opportunities
New ownership can immediately expand income through:
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Wash & Fold services
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Pick-up & delivery laundry services
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Commercial laundry contracts with nearby businesses
Property Details
Residential Units (Built 1961)
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Two (2) 1BD / 1BA units
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Two (2) 2BD / 1BA units
Additional Residence
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One single-family home generating $1,600/month
Laundromat Building
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Approx
False
Contacts
Floridian Real Estate Group
Location
Floridian Real Estate Group