315 2nd Street, Indianola, MS 38751 (MLS# 4142401)

315 2nd Street, Indianola, MS 38751

$995,000

Virtual Tour

https://www.propertypanorama.com/315-2nd-Street-Indianola-MS-38751/unbranded

Property Type: Commercial Sale Square Footage: 8,000 Lot Size (sq. ft.): 34,412 Status: Active

Current Price: $995,000 List Date: 3/14/2026 Last Modified: 8/13/2026

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: 124.38
Year Built Known: No
Total Floors: Yes
Bathrooms Half: Yes
School District: Sunflower Cty Cons
Accessibility Features: Yes
Property Sub Type: Business

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

Listing Office: Tom Smith Land & Homes

Listing Agent: Emerson Lovelace

Last Updated: August - 13 - 2026

315 2nd Street, Indianola, MS 38751 (MLS# 4142401)