217 State St - Retail FOR SALE


Ashley, IN 46705
$279,999 USD
260-740-1887
217 State St, Ashley, IN for Sale
$279,999 USD
Retail - FOR SALE
1/23
null | Request Cap Rate

NEW


217 State St
Ashley, IN 46705


HIGHLIGHTS

  • 26 Total Washer / Dryer Units
  • 24/7 Laundromat Operation
  • Apartment Income: $900/Month
  • Located Between Auburn & Angola

OVERVIEW

Turnkey laundromat investment opportunity available in Ashley, Indiana. Located at 217 W State Street directly between Auburn and Angola, this cash-flowing commercial property includes both the real estate and business equipment, creating an opportunity for an owner-operator or investor seeking an established operation with additional upside potential. The property consists of approximately 2,200 square feet and includes 3 parcels with additional parking. The laundromat operates as a 24/7 self-service facility and features 26 total washer and dryer units including Dexter commercial equipment, Thoroughbred washers, and Speed Queen top-load units. In addition to the laundromat business, the property includes a newly built studio apartment completed in 2024 currently generating $900 per month in rental income. The apartment features updated finishes and provides an additional income stream beyond the laundromat operation.

FOR SALE DETAILS

PRICE

$279,999 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ashley Coin Laundromat

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CB

APN/PARCEL ID

76-11-31-440-324.000-018,76-11-31-440-325.000-018,76-11-31-440-326.000-018

ASK ABOUT THIS PROPERTY

Santino ZurzoloCorporate Commercial GroupMore Info
260-740-1887

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Santino ZurzoloCorporate Commercial GroupMore Info
260-740-1887

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