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Operating Laundromat with Equipment

301 W Jefferson Street, Vandalia, IL 62471

For Sale
New
$290,000

The sale includes 39 washers, 32 dryers, and the equipment needed to operate the business.

Property Size1,860 SF
Lot Size0.70 Acres
Price / SF$155.91
Days on Market2

Property Features for 301 W Jefferson Street

General Information

Standard status Active
Size 1,860 SF
Lot size 0.70 Acres
Property subtype Commercial
Zoning COM

Additional Details

Business Included Yes
Corner Location Yes

Taxes and HOA fees

Annual Taxes $3,058

Building Details

Year Built 1969
Buildings 1
Stories 1
Listing Agency: RE/MAX Key Advantage
Listed By: Keith Hartman · License IL #475162306
Source: Lylecampbell
Added: Nov 14 Changed: Nov 15 Last Checked: Nov 15 at 2:02AM

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 RE/MAX Key Advantage

Rey
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Investment Insights

Based on property information with market context.

This retail property in Vandalia is an operating laundromat with 39 washers and 32 dryers. Equipment required to run the business is included in the sale. The building was constructed in 1969 and contains 1,860 square feet on a 0.7-acre parcel, with COM zoning.

The property is at the corner of Jefferson and Kennedy, along US Hwy 51.

Key Highlights

  • Operating laundromat includes 39 washers and 32 dryers
  • Equipment needed to run the business is included in the sale
  • 1,860‑square‑foot building constructed in 1969

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Real Estate Agency Storage Facility Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby

Demographics for 62471, IL

10,530
Population
4,025
Households
2.6
Avg Household Size
40
Median Age
20%
College-Educated
88%
High-School Grad
128.2 sq mi
ZIP Area
82
Density / Sq Mi
$58,810
Median Household Income
$33,286
Median Earnings
$739
Median Rent
$119,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The sale includes 39 washers, 32 dryers, and the equipment needed to operate the business.
Where is this retail space located?
The property is located at 301 W Jefferson Street Vandalia, IL.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Operating laundromat includes 39 washers and 32 dryers; Equipment needed to run the business is included in the sale; 1,860‑square‑foot building constructed in 1969
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