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    516 Morton Ave

    Palacios, TX 77465
    • $165,000
    • STATUS: Active
    • ID#: 4310263
    Price Reduced
    UPDATED: 95 min ago
    $165,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    Fully operational self serve coin laundromat by the bay in Palacios, TX. Building has built in studio apt. for owner/operator with kitchen and bathroom facilities, a/c and heat, vinyl plank flooring. Perfect retirement situation for a retiree that wishes to still be active, have a sense of purpose, have social interaction and wants to be in a small quirky town on the Texas Gulf Coast. Can see the bay from the yard. Palacios is The Shrimp Capital of Texas. Palacios is a bird watcher's paradise and regularly reports more bird species than anywhere else in The United States. The miles of public seawall are a great place to walk, jog, bike or rollerskate. Palacios has several public piers and multiple jetties for fishing. The store is directly across the street from park, soccer field, basketball courts, little league fields and public skate park. The building itself was purpose built as a laundromat in the 1940s or early 50s according to longtime locals. It was originally a "Maytag Laundry" which was an open-air self serve laundromat concept built and possibly franchised around The U.S. in that era. Current owner bought abandoned building and rehabbed around 2005 with all Speed Queen machines, new 3 phase electric service, plumbing, other refurbishment including new "Mule Hide membrane roof" and built a living quarters/studio apartment within the building footprint. Sale includes building, land, all machines, equipment, fixtures, business including trade name and all seller's inventory of repair parts. Seller is also willing to include 6 month's of technical assistance to new owner. All equipment/machines are fully owned and paid off so no monthly financing notes to pay.

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    © 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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. Data last updated: 2021-09-20T00:25:09.917.
    austin.papasanproperties.com/homes/120210739
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    516 Morton Ave Palacios, TX 77465

    • Price: $165,000
    • Status: Active
    • Updated: 95 min ago
    • ID#: 4310263
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1950
    Built
    Neighborhood:
    Pal City, Foley All Land, Misc
    County:
    Matagorda
    Area:
    Palacios
    Property Description
    Fully operational self serve coin laundromat by the bay in Palacios, TX. Building has built in studio apt. for owner/operator with kitchen and bathroom facilities, a/c and heat, vinyl plank flooring. Perfect retirement situation for a retiree that wishes to still be active, have a sense of purpose, have social interaction and wants to be in a small quirky town on the Texas Gulf Coast. Can see the bay from the yard. Palacios is The Shrimp Capital of Texas. Palacios is a bird watcher's paradise and regularly reports more bird species than anywhere else in The United States. The miles of public seawall are a great place to walk, jog, bike or rollerskate. Palacios has several public piers and multiple jetties for fishing. The store is directly across the street from park, soccer field, basketball courts, little league fields and public skate park. The building itself was purpose built as a laundromat in the 1940s or early 50s according to longtime locals. It was originally a "Maytag Laundry" which was an open-air self serve laundromat concept built and possibly franchised around The U.S. in that era. Current owner bought abandoned building and rehabbed around 2005 with all Speed Queen machines, new 3 phase electric service, plumbing, other refurbishment including new "Mule Hide membrane roof" and built a living quarters/studio apartment within the building footprint. Sale includes building, land, all machines, equipment, fixtures, business including trade name and all seller's inventory of repair parts. Seller is also willing to include 6 month's of technical assistance to new owner. All equipment/machines are fully owned and paid off so no monthly financing notes to pay.
    Exterior Features

    Attached Garage YN No Bays 0 Construction Materials BrickMasonry €“ All Sides Foundation Details Slab Garage YN No Other Structures None Parking Features CommonGravelOn SiteParking LotSide By SideUnpaved Road Surface Type AsphaltPvd View FieldsPark/GreenbeltWater Waterfront YN No

    Interior Features

    Building Area Total 2240 Cooling ElectricWall/Window Unit(S)See Remarks Flooring ConcreteVinylSee Remarks Heating Natural GasWall Furnace

    Property Features

    Accessibility Features None Additional Parcels YN No Building Features AppliancesDisplay WindowFixturesFurnitureGas Dryer ConnectionsKitchen EquipmentLiving Area/BuildingPre-Wired For SecurityPrivate RestroomsPublic RestroomsSeparate ShowerSign-BuildingTelephone(S)Washer ConnectionsWasher Dryer Connections Current Use CommercialLaundromatMixed UseResidential Estimated Taxes 1700 Horse YN Yes Listing Terms Cash New Construction YN No Property Condition Historic DesignUpdated/Remodeled Property Sub Type Retail Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 1700 Utilities Above GroundCable ConnectedElectricity ConnectedOtherNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public

    Property listed by Bird Of Paradise Realty.


    © 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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. Data last updated: 2021-09-20T00:25:09.917.
     
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    1801 S. Mopac Expwy, Ste 100
    Austin TX, 78746