3508 E State Hwy 20 Nice, CA $ 449,000
3508 E State Hwy 20
$ 449,000
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3508 E State Hwy 20

Nice, CA, 95464
$ 449,000
Bedrooms-- Baths-- Sq 1,396

Monthly Estimate*

$ 2,835

Listed by Konocti Realty
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Commercial Property for sale in Nice, CA

for $449,000. This 1,396 square foot building was built in 1963 on a lot size of 0.3.

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

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Commercial Active

Price

$ 449,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.3

Year Built

1963

Town/City

Nice

County/Region

Lake

MLS | Web ID

LC26166501

Days on Market

5

Features
General
Roof Composition
Year Built 1963
Property Subtype Mixed Use
County Lake
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions HWY 20 to corner of 20 and Keeling
City Nice
MLS Area LCNIC - Nice
Lot Size Units Square Feet
Lot Size Square Feet 13068
Listing Terms Cash Cash to New Loan
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Mixed Use
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Interior
Total Stories 1
Laundry Features See Remarks
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre Street Level
Water Source Public
Lot Size Area 13068
Building Area Total 1396
Lot Size Acres 0.3
Lot Size Source Assessor
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* Excluded Features
List By
Konocti Realty

Broker

hannahwrealestate@yahoo.com

Email

Affordability Calculator

$2,835
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,835
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/31/2026$449,000 Listed Price

Map


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3508 E State Hwy 20, Nice, CA, 95464 is a Commercial Property for sale at $449,000 with 1,396 sqft and a lot size of 0.3. 3508 E State Hwy 20 was built in 1963. The property's zip code is 95464 which is in Nice, CA