1596 W Capitol St | Jackson, MS 39203
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- LoopNet Team
1596 W Capitol St
Jackson, MS 39203
Retail Property For Sale
Investment Highlights
- Total monthly expenses $3,366.67 (water, electricity, phone, insurance, trash, everything)
- 46.6% cash-on-cash return if bought financing 70%
- Additional revenue opportunity from renting out back offices or expanding the laundromat with more machines
- Prior Year Gross Revenue $101,906, After Expenses $35,531 (Verified by Tax Return)
- Turnkey laundromat comes with all machinery and more space for expansion
- Prime location in the heart of Jackson, Mississippi, within walking distance of multiple schools, apartments, and churches
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,600 SF
Building Class
C
Year Built
1974
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.73 AC
Parking
20 Spaces (5.56 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0008-6000-000 | Improvements Assessment | $19,992 |
| Land Assessment | $6,911 | Total Assessment | $26,903 |
PROPERTY TAXES
Parcel Number
0008-6000-000
Land Assessment
$6,911
Improvements Assessment
$19,992
Total Assessment
$26,903
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