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.