Laundromat Retail
For Sale
$895,000
315 2nd Street, Indianola, MS 38751
Commercial Sale, Indianola, MS
Property Size8,000 SF
Lot Size0.79 Acres
Price / SF$111.88
Days on Market230
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
Parking features
Parking Lot
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
Heating system
Central, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
security system
tankless hot water system
2 x 5 Ton HVAC
Building Details
Flooring type
Concrete
Listing Agency:
Tom Smith Land & Homes
(601) 898-2772
Listed By:
Emerson Lovelace · License #S49193
(601) 715-3302
Added: Mar 14
Changed: Oct 8
Last Checked: Oct 29 at 8:06AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 8,000-square-foot retail building operates as a laundromat and includes additional retail rental space. Built in 1980, the building received a complete renovation in 2023, including new electrical, plumbing, and roof. Laundry equipment includes four T-300, four T-600, four T-900, and two T-1200 washers, along with 14 T50x2 dryers equipped with card readers. The facility also has a FasCard card system with F3 readers, coin and card payment, a bill changer, a tankless hot water system, security system, and two 5-ton HVAC units.
The property occupies a 0.79-acre corner lot in Indianola and is zoned C2 - Community Commercial. The reported MSDOT daily traffic count is 4,300. Public water and sewer serve the property, and on-site parking is provided.
The property occupies a 0.79-acre corner lot in Indianola and is zoned C2 - Community Commercial. The reported MSDOT daily traffic count is 4,300. Public water and sewer serve the property, and on-site parking is provided.
Key Highlights
- 8,000‑square‑foot retail building operating as a laundromat
- 0.79‑acre corner lot with C2 - Community Commercial zoning
- Complete building renovation in 2023, including new electrical, plumbing, and roof
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4,300 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
469
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Renovated in 2023, the property includes coin-and-card laundry equipment and additional retail rental space.
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 $895,000.
What are key features of this property?
This property features: 8,000‑square‑foot retail building operating as a laundromat; 0.79‑acre corner lot with C2 - Community Commercial zoning; Complete building renovation in 2023, including new electrical, plumbing, and roof
