Laundromat Retail
New
For Sale
$275,000
120 E Madison Street, Culver, IN 46511
The sale includes an established laundry business, equipment, an office, and a half bathroom.
Property SizeContact for details
Days on Market5
Property Features for 120 E Madison Street
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Business Included
Yes
Building Details
Year Built
1950
Buildings
1
Stories
1
Listing Agency:
COLLINS and CO. REALTORS - CULVER
Listed By:
Jennifer Luttrell
(574) 250-3852
Source:
Castleonerealty
Added: Oct 20
Changed: Oct 24
Last Checked: Oct 23 at 5:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLLINS and CO. REALTORS - CULVER
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Investment Insights
Based on property information with market context.
This retail property at 120 E Madison Street in Culver includes a laundromat business and its equipment: 15 washing machines, 8 of them newer, and 15 dryers. The building also has a security system, some vending machines, a dedicated office, and a half bathroom. Improvements include a new roof, two tankless water heaters, updated electrical panels, and LED lighting throughout.
Built in 1950, the property is located in downtown Culver. The business and building are offered together.
Built in 1950, the property is located in downtown Culver. The business and building are offered together.
Key Highlights
- Laundromat business and building offered together
- 15 washing machines, including 8 newer machines, and 15 dryers
- New roof, two tankless water heaters, updated electrical panels, and LED lighting throughout
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
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Business Placement
Demographics for 46511, IN
4,008
Population
2,482
Households
1.6
Avg Household Size
49
Median Age
29%
College-Educated
91%
High-School Grad
66.7 sq mi
ZIP Area
60
Density / Sq Mi
$55,469
Median Household Income
$37,196
Median Earnings
$816
Median Rent
$218,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The sale includes an established laundry business, equipment, an office, and a half bathroom.
Where is this retail space located?
The property is located at 120 E Madison Street Culver, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Laundromat business and building offered together; 15 washing machines, including 8 newer machines, and 15 dryers; New roof, two tankless water heaters, updated electrical panels, and LED lighting throughout
