Out of state owner selling long established laundry business in the heart of the east side of Bangor. Laundry portion of the building has been substantially renovated. This is a sale of the real estate and business. Sale includes all laundry equipment, inventory, company vehicle.  Business offers coin-op machines, wash and fold services,  dry cleaning drop off & includes ongoing commercial laundry services to area businesses. This is a once in a generation opportunity to own a successful business, located in a prime location.  Building is of wood frame construction.  It has hydronic radiant heat in the floor of the laundry as well mini-split heat pumps for additional heating and air conditioning.  It includes a state of the art security system. The second floor has been redesigned as a living space for either the owner of the business or leased for further income.  Uniquely designed to include a loft area overlooking the living room kitchen, the space is framed, stubbed and awaiting finishing.  The building sits on a .03 acre site which allows on-site parking for customers.  The owner who was formerly a local investor/developer is now located out of state and has moved on to other investment opportunities and is anxious to sell his local holdings.  Make an offer.

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PROPERTY SPECS

Property Address: 118 & 122 Garland Street, Bangor, ME

Lot Size:  .03 +/- Acre

Road Frontage:

State Street: 120.4' +/-

Fern Street: 118.7' +/-

Building Size: 2,900 SF +/-

Parking: On-site, paved

Zoning Ordinance:

300 State Street: M & SD- Multi-Family & Service District

14 Fern Street: URD-1- Urban Residential District

Assessor's Reference:

300 State Street: City of Bangor, Map 54- Lot 112

14 Fern Street: City of Bangor, Map 54- Lot 113

Legal Description:

300 State Street: Penobscot County Registry of Deeds: Book 6338, Page 2

14 Fern Street: Penobscot County Reigstry of Deeds: Book 7657, Page 295

Real Estate Taxes FY 2016:

300 State Street: $4,275.86

14 Fern Street: $1,867.95

Total: $6,143.80

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BUILDING SPECS

Property Address: 118 &122 Garland Street, Bangor, Maine

Building Age: 1920 +/-

Roof: Asphalt Shingle 

Construction: Wood Framed

Foundation: Full

Electrical: Circuit Breakers

Heat: Natural gas fired, hot water radiant, new radiators and heat pump

Air Conditioning: Mini-split heat pumps

Water & Sewer: Public

 

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BUSINESS EQUIPMENT

Garland Street Laundry Equipment List

• 2014 Electrolux 75lb washer Model# W4300H s/n 00652/0406650

• 2014 Sharper Finish Impress 950 X 66 Iron s/n 18530XG

• Wascomat W125E Triple Load Washer s/n 00160/056897

• Wascomat W185 ES Giant Loader s/n 00230/026429

• Wascomat W 185 ES Giant Loader s/n 9805/022477

• Huebsch 40lb washer Model# HCN040KCFXU1001 s/n1006000332

• Huebsch 40lb washer Model# HCN040KCFXU1001 s/n 1006000272

• Huebsch 20lb washer Model # HWFT71WN s/n 0804026367

• Huebsch 20lb washer Model # HWFT71WN s/n 0711017359

• Huebsch 20lb washer Model # HWFT71WN s/n 0810028605

• Huebsch 20lb washer Model # HWFT71WN s/n 0804025055

• Huebsch 20lb washer Model # HWFT71WN s/n 0711006756

• Huebsch 20lb washer Model # HWFT71WN s/n 0711017363

• Huebsch 20lb washer Model # HWFT71WN s/n 0711017362

• Huebsch 20lb washer Model # HWFT71WN s/n 0711014524

• Huebsch 20lb washer Model # HWFT71WN s/n 0810028607

• Huebsch 20lb washer Model # HWFT71WN s/n 0810028601

• Huebsch 20lb washer Model # HWFT71WN s/n 0810028586

• Huebsch 20lb washer Model # HWFT71WN s/n 0703014783

• Wascomat 20lb washer Model # WHWF09810M s/n CEOHU7E0000CSC6M0088

• Wascomat 20lb washer Model # WHWF09810M s/n CEOHU7E0000CSC3L0036

• Wascomat 20lb washer Model # WHWF09810M s/n CEOHU7E0000CTE6J0119

• Wascomat 20lb washer Model # WHWF09810M s/n CEOHU7E0000CSD160228

• 2017 Electrolux Model T5425S RV Product #: 987462013563425-0001350 s/n 63610055 

• Type: N34242G317

• 2017 Electrolux Model # T5300S RV Product #987392006963300-0121460 s/n 63210652 Type N33030G317 

• 2017 Electrolux Model T5300S RV Product #:987392006963300-0121461 s/n 63210653 Type N33030G317

• 2017 Electrolux Model T5425S RV Product #:9874620135 63425-0001374 s/n 63810046   Type: N34242G317

• 2017 Electrolux Model T5300S RV Product #: 9873920069 63300-0121402 s/n 63110345  Type: N33030G317

• 2017 Electrolux Model T5300S RV Product #: 9873920069 63300-0121459 s/n 63210651  Type: N33030G317

• 2017 Electrolux Model 5425S RV Product #: 9874620135 63425-0001375 s/n 63810047  
  Type: N34242G317  Total cost $75,000

• Huebsch Stack Dryer Model # JT0300 DRG s/n DTCK9902019267  

• Huebsch Stack Dryer Model # JT0300 DRG s/n DTCK9902019269  

• Huebsch Stack Dryer Model # JT0300 DRG s/n DTCK9902019265 

• 2017 ATM Machine, Triton  Traverse Part # 0710000132  Cost $2,750.00

• Candy Machine (6 globe) Make ? Model #3168 s/n 112726302084

• Vending Machine 24 compartment

• Bill Changer, Standard Change Maker, Model # BCX1010-FL s/n 0109031

• Change Machine, Standard Change Maker, Model SC62 s/n 050061-2

• Soap Machine, Royal 200  s/n 508530

• Flat Screen TV, Vizio 50” LCD 1080p HDTV

• Coin counter, Belita II

• Heat Pump Unit #1 Halcyon Inverter Model

• Heat Pump Unit #2 Halcyon Inverter Model 

• Delivery Van 2004 Mercury Montero Vin #2MRDA20214BJ02663