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Turnkey Laundromat with Retail Space
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315 Second St, Indianola, MS 38751

Completely renovated laundromat on a high-visibility corner lot with coin and card capability plus additional retail rental space.

Property Size8,144 SF
Lot Size0.79 Acres
Price / SF$128.87
Days on Market66

Property Features for 315 Second St

General Information

Standard status Active
Size 8,144 SF
Lot size 0.79 Acres
Property subtype RETAIL
Zoning C2

Additional Details

Business Included Yes
Traffic Count 4,300 vehicles/day

Building Details

Year Renovated 2023
Listing Agency: Tom Smith Land and Homes | Madison
Listed By: Emerson Lovelace · License #S49193
Source: Moodyscre
Added: May 26 Changed: Jul 27 Last Checked: Jul 29 at 1:38PM

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 Tom Smith Land and Homes | Madison

Investment Insights

Based on property information with market context.

This well-established laundromat is located on a high-visibility corner lot and is housed in an approximately 8,000-square-foot building. The property was completely renovated in 2023, including a new roof and updated electrical and plumbing, as well as a tankless hot water system. Additional improvements include a security system and dual 5-ton HVAC units. The facility is equipped with Dexter washers and dryers and a FasCard system with F3 readers, supporting both coin and card payments, along with a bill changer. There is also additional retail rental space on-site.

The property is zoned C2 – Community Commercial and benefits from high exposure along an MSDOT traffic count of approximately 4,300 vehicles per day.

Financials are available, and the offering is priced on cash flow valuation.

Key Highlights

  • 8,000 SF laundromat on a high‑visibility 0.79‑acre corner lot in Sunflower County
  • Zoned C2 – Community Commercial and equipped with a FasCard system (F3 readers) for coin and card payments
  • Completely renovated in 2023 with a new roof, updated electrical and plumbing, and a tankless hot water system

Property Analytics

Current Use

King Laundry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Hair Salon Auto Parts Store Kitchen & Bath Showroom

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

4,300 VPD
Traffic count
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Completely renovated laundromat on a high-visibility corner lot with coin and card capability plus additional retail rental space.
Where is this retail space located?
The property is located at 315 Second St Indianola, MS.
What is the asking price?
The asking price for this property is $1,049,500.
What are key features of this property?
This property features: 8,000 SF laundromat on a high‑visibility 0.79‑acre corner lot in Sunflower County; Zoned C2 – Community Commercial and equipped with a FasCard system (F3 readers) for coin and card payments; Completely renovated in 2023 with a new roof, updated electrical and plumbing, and a tankless hot water system
(601) 715-3302 Call to check price and availability
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