217 W STATE ST ASHLEY IN 46705
Real Estate & Equipment Sale
Marketing description
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.
Investment highlights
Property Highlights:
- Real Estate + Equipment Sale
- 2,200± SF Commercial Building
- 3 Parcels Included
- Additional Parking Lot
- 26 Total Washer / Dryer Units
- 24/7 Laundromat Operation
- Updated Commercial Equipment
- Newly Built Studio Apartment
- Apartment Income: $900/Month
- Located Between Auburn & Angola
- Strong Seasonal and Local Traffic
- Entry-Level Commercial Investment Opportunity
Equipment Includes:
- (2) Dexter T-600 Washers
- (2) Dexter T-300 Washers
- (6) Dexter T-400 Washers
- (5) Speed Queen Top Load Washers
- Dexter Stack Express Dryers
- Change Machines
- Soap Vending Machine
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