315 2nd Street, Indianola, MS 38751

New Listing
$1,095,000
Property Type: Commercial Sale Square Footage: 8,000 Lot Size (sq. ft.): 34,412 Status: Active
Current Price: $1,095,000 List Date: 3/14/2026 Last Modified: 3/14/2026

Description

Well Established Laundromat, Commercial Building, 8,000 sq/ft, C2 - Community Commercial Zoning, Sunflower County Parcel 119P-31-00-129.00, 220x156, 0.79 Acre - City Corner Lot, MSDOT Daily Traffic Count - 4,300, Built 1980, Cash Flow Valuation, Financials Available, High Quality Dexter Washers & Dryers, Washers: 4 x T-300's, 4 x T-600's, 4 x T-900's, 2 x T-1200's, Dryers: 14 x T50x2 (with card readers) Fascard Card System, F3 Readers, Coin and Card, Bill Changer, 2 x 5 Ton HVAC, Security System, Tankless Hot Water System, Building Completely Renovated in 2023, New Electrical, New Plumbing, New Roof, Additional Retail Rental Space Available, This is a Stellar Opportunity!

More Information MLS# 4142401

Address and Location Information

Parcel Number: 119p-31-00-129.00 Community Of: N/A Street Number: 315 Street Name: 2nd Street Suffix: Street County: Sunflower State: MS Zip Code: 38751 Subdivision: Indianola

Listing Information

Listing Service: Full Service Status: Active List Date: 2026-03-14 List Price: $1,095,000 Current Price: $1,095,000 Property Sub Type: Business

General Property Information

Property Sub Type: Business New Construction: No Property Condition: Updated/Remodeled Approx Lot Size Acres: 0.79 Lot Size Dimensions: 220x156 SqFt Source: Assessor List Price/SqFt: 136.88 Year Built Source: Assessor Total Floors: 1 Bathrooms Half: 1 School District: Sunflower Cty Cons Accessibility Features: Yes Approx H/C SqFt: 8000 Year Built: 1980

Tax and Financial Information

Tax Annual Amount: 5535 Tax Year: 2025 Zoning: C2 Flood Insurance Required?: No Leasehold Y/N: No Legal Description: PT LOT 5 (220X156) - BLK N - ORIGINAL TOWN * PB F/107 * OLD PCL:3119P0007100 N0001400 Complex Name: King Laundry

Remarks & Miscellaneous

Public Remarks: Well Established Laundromat, Commercial Building, 8,000 sq/ft, C2 - Community Commercial Zoning, Sunflower County Parcel 119P-31-00-129.00, 220x156, 0.79 Acre - City Corner Lot, MSDOT Daily Traffic Count - 4,300, Built 1980, Cash Flow Valuation, Financials Available, High Quality Dexter Washers & Dryers, Washers: 4 x T-300's, 4 x T-600's, 4 x T-900's, 2 x T-1200's, Dryers: 14 x T50x2 (with card readers) Fascard Card System, F3 Readers, Coin and Card, Bill Changer, 2 x 5 Ton HVAC, Security System, Tankless Hot Water System, Building Completely Renovated in 2023, New Electrical, New Plumbing, New Roof, Additional Retail Rental Space Available, This is a Stellar Opportunity!

Current Use

Commercial: 1

Possible Use

Commercial: 1 Retail: 1

Income & Expenses

See Remarks: 1

Business Type

Laundromat: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Showing Requirements

Showing: Appointment Required

Utilities

Electricity Connected: 1 Natural Gas Connected: 1 Sewer Connected: 1 Water Connected: 1

Flooring

Concrete: 1

Cooling

Central Air: 1

Heating

Central: 1 Natural Gas: 1

Foundation Details

Slab: 1

Auction

Auction: No

Exterior Construction/Siding

Brick: 1

Roof

See Remarks: 1

Parking Features

Parking Lot: 1

Basement Features

Basement: No

Water Heater

Tankless: 1

Price Includes

All Appliances: 1 All Equipment: 1 All Furnishings: 1 Business and Building: 1 Equipment: 1

Available Documents

See Remarks: 1

Disclosures

As Is: 1

Property Features

Business Type: Laundromat Current Use: Commercial Possible Use: Commercial; Retail Flooring: Concrete Cooling: Central Air Heating: Central; Natural Gas Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: 1031 Exchange; Cash; Conventional Roof: See Remarks Parking Features: Parking Lot Water Heater: Tankless Price Includes: All Appliances; All Equipment; All Furnishings; Business and Building; Equipment Available Documents: See Remarks Disclosures: As Is
Listing Office: Tom Smith Land & Homes
Listing Agent: Emerson Lovelace
Last Updated: March - 14 - 2026
Broker Attribution: [email protected]

Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.