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Listed price in listed location currency (USD).
$399,900

000

MLS® 240874

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 4000 sqft
Garage No
HOA Fees 
Taxes $1,309
Days Active 2
Approx. Age 1964
Avg. Price Per Sqft $99
MLS® Number 240874

Property Address: 701 N Murray St, Gainesboro, TN, 38562-9316

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity featuring a fully operational laundromat and two attached, income-producing residential apartments! Located within the Gainesboro city limits, this 4, 220 sq. Ft. Mixed-use property with 10-foot ceilings offers diversified, active revenue streams and immediate cash flow from both commercial and residential components. The laundromat is well-established with a loyal, local customer base, and all laundry equipment is owned and conveys with the sale—providing a true turnkey opportunity. The two apartments are currently rented, delivering consistent monthly residential income. Built in 1964, this property is ideally suited for an owner-operator or investor seeking dependable income with long-term upside.
MLS® Number240874
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1964
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 2, 2025List Date
$399,900List Price
  • Commute

Commute

Starting Address
Destination Address
701 N Murray St, Gainesboro, TN

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