Renovated Laundromat Retail
For Sale
$995,000
315 2nd Street, Indianola, MS 38751
COMMERCIAL - Indianola, MS
Property Size8,000 SF
Lot Size0.79 Acres
Price / SF$124.38
Days on Market139
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
Building Details
Year built
1980
Flooring type
Concrete
Listing Agency:
Tom Smith Land & Homes
(662) 441-2500
Listed By:
Emerson Lovelace · License #S49193
(662) 441-2500
Added: Mar 14
Changed: Jul 24
Last Checked: Jul 30 at 4:06PM
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 well-established laundromat is offered as a commercial building of approximately 8,000 square feet, built in 1980 and comprehensively renovated in 2023. The facility is equipped with high-quality washers and dryers and includes a cashless card system with card readers, along with coin-and-card payment options, a bill changer, and a security system. The equipment package includes 4 T-300 washers, 4 T-600 washers, 2 T-900 washers, and 2 T-1200 washers. Dryer complement includes 14 T50x2 dryers with card readers (F3 readers). The building also features a tankless hot water system and two 5-ton HVAC units.
The property sits on a city corner lot and is described as approximately 220 by 156 feet, totaling about 0.79 acres. Public remarks also reference an MSDOT daily traffic count of 4,300, supporting the site’s retail visibility and accessibility. The property is located within C2 – Community Commercial zoning (Sunflower County Parcel 119P-31-00-129.00).
For a buyer seeking an operating laundromat with recently completed building improvements, this asset provides an updated physical plant and a defined laundry equipment and payment infrastructure. Public remarks also note additional retail rental space is available, which may support mixed-use income strategies within the same building, subject to applicable terms and tenant requirements. Financials are available upon request.
The property sits on a city corner lot and is described as approximately 220 by 156 feet, totaling about 0.79 acres. Public remarks also reference an MSDOT daily traffic count of 4,300, supporting the site’s retail visibility and accessibility. The property is located within C2 – Community Commercial zoning (Sunflower County Parcel 119P-31-00-129.00).
For a buyer seeking an operating laundromat with recently completed building improvements, this asset provides an updated physical plant and a defined laundry equipment and payment infrastructure. Public remarks also note additional retail rental space is available, which may support mixed-use income strategies within the same building, subject to applicable terms and tenant requirements. Financials are available upon request.
Key Highlights
- Well‑established laundromat business with cash flow valuation and financials available.
- Completely renovated in 2023 with new electrical, plumbing, and roof.
- High‑quality Dexter washers and dryers**, including a variety of sizes and Fascard card system.
Property Analytics
Property Profile
Current Use
Lease Details
4,300 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
460
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Renovated 8,000 SF laundromat on a city corner lot, with equipment and HVAC systems suited for steady retail operations.
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: Well‑established laundromat business with cash flow valuation and financials available.; Completely renovated in 2023 with new electrical, plumbing, and roof.; High‑quality Dexter washers and dryers**, including a variety of sizes and Fascard card system.
