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Laundromat Retail Space
New
For Sale
$189,900

741 S Forest Avenue, Luverne, AL 36049

Existing laundromat offered in its current condition at a commercial address in Luverne.

Property Size2,400 SF
Price / SF$79.13
Days on Market7

Property Features for 741 S Forest Avenue

General Information

Standard status Active
Size 2,400 SF
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $949

Building Details

Year Built 1979
Listing Agency: Realty Central
Listed By: Lara Graham · License #0106820
Source: Exitrealty
Added: Aug 25 Changed: Aug 30 Last Checked: Aug 30 at 10:27PM

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 Realty Central

Investment Insights

Based on property information with market context.

This retail property contains 2,400 square feet and was built in 1979. The existing use is a laundromat, providing a defined commercial format within the building.

Located at 741 S Forest Avenue in Luverne, Alabama, the property is being handled by a trustee and will be conveyed in its present condition. The sale is offered without representations regarding renovations or improvements beyond the stated property details.

Key Highlights

  • 2,400‑square‑foot retail property
  • Existing laundromat use
  • Built in 1979

Property Analytics

Current Use

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

Suggested Use

Top Pick Dental Office HVAC Service Building Supply Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby
43k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 76% Shops & Services 24%
McDonald's Dining
18,268 visits/mo 0.4 miles
Jack's Family Restaurants Dining
8,546 visits/mo 0.5 miles
Tom Thumb Food Stores Shops & Services
6,064 visits/mo 0.1 miles
Hardee's Dining
4,419 visits/mo 0.4 miles
Family Dollar Shops & Services
2,664 visits/mo 0.5 miles

Demographics for 36049, AL

5,299
Population
2,448
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
83%
High-School Grad
161.0 sq mi
ZIP Area
33
Density / Sq Mi
$53,073
Median Household Income
$41,155
Median Earnings
$678
Median Rent
$124,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Existing laundromat offered in its current condition at a commercial address in Luverne.
Where is this retail space located?
The property is located at 741 S Forest Avenue Luverne, AL.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 2,400‑square‑foot retail property; Existing laundromat use; Built in 1979
More about this property
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