110 Main St - Retail FOR SALE


Ringling, OK 73456
$199,000 USD
580-465-7558
110 Main St, Ringling, OK for Sale
$199,000 USD
Retail - FOR SALE
1/16
null | Request Cap Rate

NEW


110 Main St
Ringling, OK 73456


HIGHLIGHTS

  • Commercial Laundromat
  • Active Business

OVERVIEW

Profitable Turnkey Laundromat for Sale in Ringling, OK – Two Buildings, Established Income Stream Opportunity knocks with The Laundry Basket, a well-maintained, fully operational laundromat located at 110 E Main St., Ringling, OK 73456. This income-producing commercial property offers not just one, but two buildings in a high-visibility location on Main Street. The main building features a 1,200 sq ft laundromat, loaded with top-of-the-line equipment and an established customer base, while the second building is currently leased out for additional monthly rental income. If you’re looking for a low-maintenance, cash-generating investment, this laundromat for sale in southern Oklahoma deserves your attention. The laundromat is fully equipped and running efficiently, offering a great return on investment. It includes two 40-pound washers, one 30-pound washer, eight 22-pound washers, two top-load 20-pound washers, and twelve 30-pound natural gas dryers—ensuring customers have plenty of options for their laundry needs. The commercial-grade 119-gallon hot water heater keeps the operation running smoothly, while a bill changer, dual vending machine, and four laundry carts add to the overall convenience. Remote open/close access and 24/7 security camera monitoring allow for hassle-free ownership, whether you’re hands-on or operating from afar. Behind the scenes, this laundromat was thoughtfully designed for easy maintenance. There is direct access to the back of the washers and dryers, making repairs and upkeep efficient and cost-effective. The property is clean, functional, and primed for new ownership. With low overhead, consistent demand, and no franchise fees, this business is perfect for entrepreneurs seeking passive income or those wanting to be more involved in a stable, essential service industry. The second building is currently rented out as storage, offering an extra stream of monthly income. Whether you continue leasing it or convert it into additional laundry space, retail, or office use, the potential is there. The location on Ringling’s Main Street gives excellent visibility, local traffic, and proximity to other small businesses and residences, further boosting foot traffic and profitability. P&L statement available upon request. Contact the listing agent today for full financials and to schedule a showing. This is a rare chance to own a thriving laundromat business in Oklahoma with two buildings, multiple income streams, and strong ROI potential. If you're ready to invest in a proven, income-generating business, The Laundry Basket is ready to deliver. Krissie Gordon: 580-467-3396 When purchasing a property listed by Turner Land Company LLC, a Buyer's Broker, if applicable, must be identified at first contact and must be present at the initial showing of the property in order to participate in a real estate commission. If these conditions are not met, compensation, if any, will be at the sole discretion of Turner Land Company LLC.

FOR SALE DETAILS

PRICE

$199,000 USD

PRICE/SF

$40 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Laundry Basket

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

0065-00-033-023-0-000-00

ASK ABOUT THIS PROPERTY

Kelli SmithTurner Land Company LLCMore Info
580-465-7558

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Kelli SmithTurner Land Company LLCMore Info
580-465-7558

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.