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$199,000
Est. payment /mo
0.5 Baths
5,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $39
MLS Listing ID 11491262
Half Baths 1
Year Built 1922
Annual Tax Amount $984
Tax Year 2024
Property Description
Profitable Turnkey Laundromat for Sale in Ringling, OK - Two Buildings, Established Income Stream Opportunity knocks with The Laundry Basket, a well-maintained, fully operational laundromat located at 110 E Main St., Ringling, OK 73456. This income-producing commercial property offers not just one, but two buildings in a high-visibility location on Main Street. The main building features a 1,200 sq ft laundromat, loaded with top-of-the-line equipment and an established customer base, while the second building is currently leased out for additional monthly rental income. If you're looking for a low-maintenance, cash-generating investment, this laundromat for sale in southern Oklahoma deserves your attention. The laundromat is fully equipped and running efficiently, offering a great return on investment. It includes two 40-pound washers, one 30-pound washer, eight 22-pound washers, two top-load 20-pound washers, and twelve 30-pound natural gas dryers-ensuring customers have plenty of options for their laundry needs. The commercial-grade 119-gallon hot water heater keeps the operation running smoothly, while a bill changer, dual vending machine, and four laundry carts add to the overall convenience. Remote open/close access and 24/7 security camera monitoring allow for hassle-free ownership, whether you're hands-on or operating from afar. Behind the scenes, this laundromat was thoughtfully designed for easy maintenance. There is direct access to the back of the washers and dryers, making repairs and upkeep efficient and cost-effective. The property is clean, functional, and primed for new ownership. With low overhead, consistent demand, and no franchise fees, this business is perfect for entrepreneurs seeking passive income or those wanting to be more involved in a stable, essential service industry. The second building is currently rented out as storage, offering an extra stream of monthly income. Whether you continue leasing it or convert it into additional laundry space, retail, or office use, the potential is there. The location on Ringling's Main Street gives excellent visibility, local traffic, and proximity to other small businesses and residences, further boosting foot traffic and profitability. P&L statement available upon request. Contact the listing agent today for full financials and to schedule a showing. This is a rare chance to own a thriving laundromat business in Oklahoma with two buildings, multiple income streams, and strong ROI potential. If you're ready to invest in a proven, income-generating business, The Laundry Basket is ready to deliver.
Location
State OK
County 40019
Rooms
Dining Room 0
Kitchen 0
Building
Sewer Community
Water Community
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