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$135,000

  • Sold
  • Closed
  • Business
  • 1,200 Sq. Ft.
  • 0.62 Acres
See This Home
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Buy it for the assets, get the business and lease for free. Now only $150,000, this Maplewood laundromat has no water or sewer bill, more than $150,000 in equipment value, and over 30 years of proven success. Located on a busy street with strong visibility and nine years left on the lease, it is fully equipped with 20 washers, 22 dryers including 10 newer units worth $100,000, change machines, a pop machine, folding tables, and carts. New apartment developments nearby provide steady customer traffic. Growth potential includes adding wash and fold, pickup, and delivery services. A custom app and website can be negotiated with the sale. Upgrades in 2024 include new plumbing, epoxy flooring, and an updated bathroom. This is a turnkey business priced at asset value and ready for immediate cash flow.

Full Property Details for 1321 Frost Ave

General

  • Sold For: $135,000
  • Taxes: (2025)
  • Status: Closed
  • Type: Business
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6765727
  • Added to Site: 170 day(s) ago

Parking

  • Parking Features: Parking Lot, Unassigned

School Information

  • School District: 622 - North St Paul-Maplewood
  • High School District: North St Paul-Maplewood

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: Well
  • Utility Description: Electric Separate, Heating Separate

Financial Considerations

  • Operating Expenses: $26,988
  • Tax Year: 2025
  • Owner Pays: Grounds Care, Sewer, Snow Removal, Trash Collection
  • Tenant Pays: Electricity, Fuel, Gas
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays

Disclosures and Reports

  • Legal Description: GLADSTONE RAMSEY CO MINN SUBJ TO ESMT; VAC RIDGE ST ACCRUING & LOTS 14 THRU LOT 17 AND S 30 FT LOT 18 BLK 2
  • Inclusions: Business Assets, Business, Fixture/Equipment, Inventory, Leases
  • Property ID: 152922230105

Listed by Keller Williams Premier Realty
Non-MLS

Listing agent

— 1321 Frost Ave —

  • Keller Williams Premier Realty

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1321 Frost Ave

School District:North St. Paul-Maplewood School District
NameGradesDistance
Weaver Elementary School
2135 Birmingham Street, Maplewood, MN 55109
PK-50.5 mi
John Glenn Middle School
1560 County Road B East, Maplewood, MN 55109
6-80.7 mi
North Senior High School
2416 11th Avenue, North Saint Paul, MN 55109
9-122.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1321 Frost Ave

Date
Details
Price
Change
Source
9/12/2025
Sold
$135,000
-10%
MLS
8/25/2025
Price Reduced
$150,000
-9.09%
MLS
8/15/2025
Price Reduced
$165,000
-17.5%
MLS
8/01/2025
Listed
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Premier Realty
Non-MLS

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1321 Frost Avenue, Maplewood, MN 55109 (MLS# 6765727) is a Business property that was sold at $135,000 on September 12, 2025. Want to learn more about 1321 Frost Avenue? Do you have questions about finding other Business real estate for sale in Maplewood? You can browse all Maplewood real estate or contact a Coldwell Banker agent to request more information.