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    120 Jackson St Orleans, IN 47452

    For Sale
    $365,000

    Established Business, High-Traffic Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This thriving laundry mat in Orleans, Indiana presents a fantastic investment opportunity. Located at 120 E Jackson Street, the property sits on a 0.55-acre lot and boasts a substantial 4500+ square foot building. The laundry equipment is a key asset, including four large 60-pound capacity washers (two of which are only one year old and under warranty for five years), two 40-pound washers, four 20-pound washers, and eight natural gas dryers. The business is already established and successful, offering immediate income potential for the new owner. Recent improvements enhance the property's appeal and functionality. These include new sinks and vanities in the bathrooms, updated cabinetry in the office, and an electric fireplace adding to the office's ambiance. The seller is currently undertaking a complete interior repainting of the walls and floors, ensuring a fresh and inviting atmosphere for customers. This turnkey operation is ready for a new owner to step in and continue its success. The asking price for this established business and its substantial building is $365,000. This represents a rare opportunity to acquire a profitable, well-maintained laundry mat in a desirable location. Serious inquiries are encouraged.

    Property Features for 120 Jackson St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    23,958 SF

    Building Details

    Year Built
    1992
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orleans
    County
    Orange
    State
    Indiana
    Longitude
    -86.45188
    Latitude
    38.66073

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Established Business, High-Traffic Location
    Where is this commercial real estate located?
    The property is located at 120 Jackson St Orleans, IN.
    What is the asking price?
    The asking price for this property is $365,000.
    (812) 896-3990
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    120 Jackson St Orleans, IN 47452
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    Orleans, IN 47452
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Jackson St Orleans, IN 47452
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