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217 W State Street, Ashley, IN 46705

$279,999.00
  • 217 W State Street, Ashley, IN 46705 Main Photo

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Active
MLS#202619359
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

This turnkey investment opportunity offers the chance to own an established cash-flowing business with additional real estate income potential in the growing Northeast Indiana market. Located in Ashley, Indiana directly off the highway between Auburn and Angola, the property benefits from consistent local traffic along with seasonal travel generated by the surrounding lake communities and recreational destinations. The property consists of a fully operational laundromat featuring updated commercial laundry equipment along with a newly transformed apartment in the rear, creating an additional source of rental income beyond the business itself. With multiple revenue streams and a manageable footprint, this property presents an excellent opportunity for an owner-operator or investor seeking an entry-level commercial investment with immediate operational potential. The sale includes three parcels with additional parking, updated equipment, and a clean operational setup ready for continued business use. A full equipment list is available.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Days on Market: 17
Heating: Forced Air
Home Style: Retail
Lot Size: 0.15 Acres
Roof Type: Metal
Year Built: 1942

Feature Descriptions

Exterior: Block, Metal, Shingle
Location: City
Lot Dimensions: 49x100x49x68
Sale Inclusions: Building, Inventory
Sewer: City
Water: City

Listed By / Shown By

Listed By

Agency Name: Corporate Commercial Group
Agent Name: Santino Zurzolo
Agency Phone: 317-502-3622

Shown By

Agency Title: King Realty, LLC
Agency Phone: (260) 625-4115

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