$399,000
For sale: Other

Established Coin Laundry Business. Discover a thriving business opportunity in the heart of the Boreal Forest in the beautiful town of Marathon, Ontario. This established coin laundry business comes with a range of attractive features. Nestled in the serene Boreal Forest, backing onto natural green space. Includes a 2-bedroom apartment with a 3-piece bathroom, sliding patio doors leading to a private fenced-in patio. Laundry Facility: Equipped with 12 washing machines, 1 giant washer, 1 triple cycle washer, and 7 dryers. Ample parking and easy access for customers, enhanced security system. Modern Utilities: Two on-demand water heaters (2017) and a propane furnace (2017). All major appliances in the apartment are included in the sale. This property offers a perfect blend of business and residential living, making it an ideal investment. Whether you're looking to expand your portfolio or start a new venture, this coin laundry business in Marathon provides a unique opportunity.
Sold data
Homes in Marathon took a median of 48 days to sell over the last 365 days, with the quickest quarter selling within 28 days and the slowest quarter taking more than 109, across 50 recorded sales.
The median sale price was $194,450.
Homes sold for about 3.9% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 50 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Marathon has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 2.7/10.
School ratings from the Fraser Institute's Ontario school report cards.
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