121 First St Jonesville, LA 71343
This exceptional commercial property at 121 FIRST Street, Jonesville, LA, presents a unique investment opportunity. The 3,744 square foot building sits on a one-acre lot and is currently operating as a successful dry cleaning business. The sale includes all existing equipment, representing a significant turnkey operation. Equipment highlights include five steam presses, a Fulton boiler, nine Z-racks, a Marvel dry cleaning machine, a commercial dryer, four washing machines, three additional dryers, an 80-gallon commercial compressor, a rotating conveyor rack, a cash register, and a steam generator. Three laundry carts are also included, along with two unused commercial washers, offering potential for expansion or redundancy. The business boasts a loyal customer base, ensuring a consistent income stream for the new owner. A key advantage is the presence of an adjoining room, readily adaptable into a rental space, providing an additional revenue stream and enhancing the overall return on investment. This property offers a rare blend of established business and significant growth potential, making it an attractive proposition for savvy investors seeking a profitable venture in a prime location. The asking price for this turnkey operation is $215,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.