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701 N Murray St., Gainesboro, TN, 38562
Mixed-Use Laundromat and Apartments

701 N Murray St. Gainesboro, TN 38562

New
For Sale
$350,000

Operating laundromat with two attached residential apartments that are currently rented.

Days on Market3

Property Features for 701 N Murray St.

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1964
Listing Agency: Highlands Elite Real Estate Gainesboro
Listed By: Lacy Smith · License #305683
Source: Letsgoreco
Added: Jul 22 Changed: Jul 23 Last Checked: Jul 23 at 12:02PM

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 Highlands Elite Real Estate Gainesboro


Investment Insights

Based on property information with market context.

This mixed-use property offers an operating laundromat plus two attached residential apartments. The laundromat is currently in operation, and the listing notes that all equipment will convey with the sale.

The two attached apartments are currently rented and provide additional income. The property is located at 701 N Murray St., Gainesboro, TN 38562.

As presented, the combination of an operating laundromat and two income-producing units makes the property a straightforward option for investors seeking an already-operating business component alongside residential rental income.

Key Highlights

  • Operating laundromat in Jackson County; all equipment will convey to the new owner
  • Laundromat is the only operating Laundromat in Jackson County (per listing remarks)
  • Two attached residential apartments with 1,500 SF each are currently rented

Property Analytics

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Building Supply Grocery & Convenience Store Big Box & Wholesale Store Cafe & Coffee Shop Computer & Electronic Repair Florist Auto Parts Store Dental Office Real Estate Agency Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Operating laundromat with two attached residential apartments that are currently rented.
Where is this retail space located?
The property is located at 701 N Murray St. Gainesboro, TN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Operating laundromat in Jackson County; all equipment will convey to the new owner; Laundromat is the only operating Laundromat in Jackson County (per listing remarks); Two attached residential apartments with 1,500 SF each are currently rented
More about this property
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