315 2nd Street, Indianola, MS 38751 (MLS# 4142401)
315 2nd Street, Indianola, MS 38751
$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:
3/16/2026
Overview
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!
Listing Details MLS# 4142401
General Property Information
- Approx Lot Size Acres
- 0.79
- Lot Size Dimensions
- 220x156
- Approx H/C SqFt
- 8000
- SqFt Source
- Assessor
- List Price/SqFt
- 136.88
- Year Built
- 1980
- Year Built Source
- Assessor
- Total Floors
- Yes
- Bathrooms Half
- Yes
- School District
- Sunflower Cty Cons
- Accessibility Features
- Yes
- Property Sub Type
- Business
- New Construction
- No
- Property Condition
- Updated/Remodeled
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
Address and Location Information
- Street Number
- 315
- Street Name
- 2nd
- Street Suffix
- Street
- County
- Sunflower
- State
- MS
- Zip Code
- 38751
- Parcel Number
- 119p-31-00-129.00
- Subdivision
- Indianola
- Community Of
- N/A
Listing Information
- Property Sub Type
- Business
- Listing Service
- Full Service
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
Auction
- Auction
- No
More Information
Showing Requirements
- Showing
- Appointment Required
Basement Features
- Basement
- No
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
- Yes
Possible Use
- Commercial
- Yes
- Retail
- Yes
Income & Expenses
- See Remarks
- Yes
Business Type
- Laundromat
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Flooring
- Concrete
- Yes
Cooling
- Central Air
- Yes
Heating
- Central
- Yes
- Natural Gas
- Yes
Foundation Details
- Slab
- Yes
Exterior Construction/Siding
- Brick
- Yes
Roof
- See Remarks
- Yes
Parking Features
- Parking Lot
- Yes
Water Heater
- Tankless
- Yes
Price Includes
- All Appliances
- Yes
- All Equipment
- Yes
- All Furnishings
- Yes
- Business and Building
- Yes
- Equipment
- Yes
Available Documents
- See Remarks
- Yes
Disclosures
- As Is
- Yes
Listing Office:
Tom Smith Land & Homes
Listing Agent:
Emerson Lovelace
Last Updated: March - 16 - 2026
Broker Attribution:
tom@tomsmithland.com
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.