Renovated Retail Space with
For Sale
$995,000
315 2nd Street, Indianola, MS 38751
Commercial Sale, Indianola, MS
Property Size8,000 SF
Lot Size0.79 Acres
Price / SF$124.38
Days on Market171
Property Features for 315 2nd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C2
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Subdivision
Indianola
Standard status
Active
APN
119p-31-00-129.00
Size
8,000 SF
Lot size
0.79 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT LOT 5 (220X156) - BLK N - ORIGINAL TOWN * PB F/107 * OLD PCL:3119P0007100 N0001400
Tax Annual Amount
5535
Legal Description
PT LOT 5 (220X156) - BLK N - ORIGINAL TOWN * PB F/107 * OLD PCL:3119P0007100 N0001400
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
security system
tankless hot water system
2 x 5 Ton HVAC
Building Details
Flooring type
Concrete
Listing Agency:
Tom Smith Land & Homes
(601) 898-2772
Listed By:
Emerson Lovelace · License #S49193
(601) 715-3302
Added: Mar 14
Changed: Aug 26
Last Checked: Aug 31 at 11:06AM
MLS# 4142401
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property includes an 8,000-square-foot commercial building configured for laundromat operations, with Dexter washers and dryers, coin-and-card payment capability, a bill changer, and a Fascard card system with F3 readers. The equipment package includes multiple T-series washers and 14 T50x2 dryers. Additional retail rental space is available within the property.
Completed improvements include a new roof, electrical system, plumbing, and tankless hot water system as part of a 2023 renovation. Building systems include two 5-ton HVAC units and a security system. The site measures 0.79 acres with a 220x156 lot configuration, C-2 Community Commercial zoning, public water, public sewer, and a daily traffic count of 4,300. Financials are available.
Completed improvements include a new roof, electrical system, plumbing, and tankless hot water system as part of a 2023 renovation. Building systems include two 5-ton HVAC units and a security system. The site measures 0.79 acres with a 220x156 lot configuration, C-2 Community Commercial zoning, public water, public sewer, and a daily traffic count of 4,300. Financials are available.
Key Highlights
- 8,000 square feet of retail building area
- 0.79‑acre corner lot with a 220x156 configuration
- C‑2 - Community Commercial zoning
Property Analytics
Property Profile
Current Use
Lease Details
4,300 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
Explore this area
Business Placement
Demographics for 38751, MS
10,682
Population
4,383
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
81%
High-School Grad
163.0 sq mi
ZIP Area
66
Density / Sq Mi
$42,965
Median Household Income
$31,478
Median Earnings
$760
Median Rent
$126,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Operating retail property with commercial laundry equipment, public utilities, and additional rental space.
Where is this retail space located?
The property is located at 315 2nd Street Indianola, MS.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 8,000 square feet of retail building area; 0.79‑acre corner lot with a 220x156 configuration; C‑2 - Community Commercial zoning
