The Effective Free Classifieds

SUBSTANTIAL PRICE REDUCTION

RMB REALTY PHONE: (814) 444-9400

RMB Realty, is pleased to offer for sale Somerset County’s premier self-service Laundromat. The offering
includes the fee simple interest in a 2,770 sq. ft. laundromat facility with state-of-the-art equipment located on a one acre parcel on a busy state
road.

Investment highlights are as follows:
• Located adjacent to one of Somerset’s busiest intersections, with over 13,000 vehicles per day.
• Laundromat opened in late 2005 and is Somerset County’s premier self-service laundry.
• High dollar facility with both volume and income growing steadily.
• High quality equipment primarily consisting of Continental washers & dryers
• X-Changer Laundry Card System throughout
• Camera Surveillance System
• Full one acre site, with 184` of frontage on Plank Road
• All public utilities
• Excess land behind the existing building has been graded and provides an opportunity for additional development.

SUMMARY
The offering provides an opportunity to acquire a successful laundromat featuring lots of top line equipment, a growing top
line and the ability to expand the operation by adding either wash and fold services or developing unused land in the rear of
the site. Further, the property enjoys an excellent in-town location on a busy state highway and close by to many apartments.

Zoning: C-1 General Commercial

The property enjoys an outstanding location at the edge of the main downtown commercial district just where it transitions from commercial to multifamily
and single family residential homes. The location is ideal for a laundry as it provides quick and easy access both to the central-business
district and to a densely populated area of multifamily and single family homes. Some of the larger surrounding residential complexes include:
Somerset Mobile Home Park – 107 units
Laurel Village Apartments – 74 units
Highland Park Apartments – 46 units
Gub Group Apartments – 23 units
Lynn Wood Apartments – 20 units

Site Details: The site comprises approximately one full acre. It has 184` in frontage along Plank Road and is 217` in depth.
The building has two parking fields, one immediately adjacent to the main door plus an overflow parking area in the rear of the building.
The primary parking field has 10 standard and 2 handicap spaces and is located to the left side of the building. There is also an overflow lot in the
rear which is un-striped but is estimated to be able to hold more than 25 additional vehicles.

There is a large area in the rear of the site that affords the opportunity to either expand the existing business or for additional development.

Building Details: Approximately 2,770 sq. ft. on main floor and measuring 66`10`` x 41`6``
The building itself is of split face block construction and has two floors. The main level is at grade and is fully utilized by the Laundromat. The lower level
is below road grade and consists of some space used in conjunction with the laundry, but also includes two garage bays and storage area that
could be leased for additional income.

Heating, Cooling & Ventilation (HVAC): Heating - Heating is provided by a gas fired hot water boiler system located in the lower level of
the building. Per the Owner’s, it is a 200,000 BTU unit. Heat is delivered to the main level of the building through two (2) ceiling mounted blowers located on the
wall opposite the main entry. Two (2) additional ceiling mounted blowers are located in the lower level of the building.
Air Conditioning - The main floor laundry is centrally air conditioned by a roof top mounted air conditioning unit. It is a four (4) ton unit and was installed in 2007.
Ventilation – The dryer exhausts are vented through the wall to the rear exterior of the building. Fresh make up air is provided through metal louvers installed in three
rear windows openings that open into the service area behind the dryers.

Electric: The electrical service entry is an 800 Amp Siemens unit installed August 25, 2005.
From the service entry power is distributed into three sub panels that serve the laundry. These three panels comprise:
• A 100 Amp service panel servicing the large 75 lb dryers.
• A 200 Amp service panel that services all the remaining dryers.
• A 250 Amp service panel that services the washing machines, hot water heaters, and miscellaneous lights.

Gas Service: The building has a 2’ gas service entry line that enters into the utility room in the lower level.

Water: The building has a 2’ water service entry that enters the building in the lower level into a small room on the opposite end of the gas service entry.

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