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1654 Eastern Avenue Grand Rapids, MI $ 120,000
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1654 Eastern Avenue
$ 120,000
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1654 Eastern Avenue

Grand Rapids, MI, 49507
$ 120,000
Bedrooms-- Baths-- Sq 2,062

Monthly Estimate*

$ 829

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Commercial Property for sale in Grand Rapids, MI

for $120,000. This 2,062 square foot building was built in 1961 on a lot size of 0.36.

BUSINESS ONLY - NO REAL ESTATE: A rare and exceptional opportunity to acquire a fully operational, high-volume coin-operated laundromat business in Grand Rapids. Known as Eastern Avenue Coin Laundry, this well-established neighborhood facility features a robust, meticulously maintained commercial equipment inventory totaling 51 major assets, generating steady, reliable daily cash flow.The purchase price includes a comprehensive package of commercial laundry machinery: 22 heavy-duty Speed Queen washers (ranging from 60 lb multi-load heavy-duties to reliable 20 lb front-loaders and top-loaders) and 15 dryer bays (featuring Dexter and Speed Queen stack gas tumblers and high-capacity single-pocket units). Additional included income-generating and operational assets feature a dual-hopper bill changer, a retail ATM,

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Commercial Active

Price

$ 120,000

Property Type

Commercial

Taxes

$ 2,961

Style

Business

Lot Size

0.36

Year Built

1961

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70569832
Features
General
Heating Forced Air
Cooling None
Status Active Active
Year Built 1961
County Kent
Class COM/IND/BUS OPP
Type Business
Ownership Corporation
Municipality Grand Rapids
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features Furniture
Area Grand Rapids (41032)
Primary City Grand Rapids
Directions From 28th st north on Eastern east on Crary laundromat is right there.
City Grand Rapids
Financial Terms Cash
Legal Description LOTS 1 2 & 3* MORGAN S ADDITION
DOM 1
Postal Code 49507
Price Per Sq Ft Total AG 58.2
Public Remarks BUSINESS ONLY - NO REAL ESTATE: A rare and exceptional opportunity to acquire a fully operational high-volume coin-operated laundromat business in Grand Rapids. Known as Eastern Avenue Coin Laundry
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Exterior
Exterior Other
Frontage 118
Lot Size Area 0.36
Lot Dimensions 118 * 125
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Giuseppe Lupis

Listing Agent

Greenridge Realty (Egr)

Broker

glupis@greenridge.com

Email

Affordability Calculator

$1,076
Per Month
77%
23%
0%
Monthly Principal & Interest
$829
Monthly Property Taxes
$247
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/13/2026$120,000 Listed Price

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1654 Eastern Avenue, Grand Rapids, MI, 49507 is a Commercial Property for sale at $120,000 with 2,062 sqft and a lot size of 0.36. 1654 Eastern Avenue was built in 1961. The property's zip code is 49507 which is in Grand Rapids, MI

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