We got a tip from a reader that the former laundromat on the southwestern corner of 16th and Federal Sts. is currently under construction. We went down to the site and saw a decent looking building with one gentleman working on the commercial space.

The property looks significantly better than it did a couple of years ago.

The former laundromat and the adjoining property were purchased for $160K by ATM Investments about a year ago. Since that time, the new owners have repaired the cornice, cleaned up the signage, and stuccoed the first floor. It looks like the rear part of the first floor was unusable until recently, and it now appears to be a rental apartment. And it appears that the building next door got a fresh coat of paint.

The commercial space on the corner has been cleaned out, and it’s got a new tile floor. The worker inside didn’t have any information on what will be going in to the space, or whether any lease has been signed for it. The worker didn’t let us take a photo, unfortunately, but we’d say it’s about 400-500 interior sqft and appears to be in vanilla box condition. We’ll be sure to keep an eye on this property and provide an update if we find out any new information.