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About This Home

This 0-bedroom, 0-bathroom commercial at 701 N Murray St. in Gainesboro, TN is listed for $350,000 ($88 per sqft). Built in 1964, the home offers 4,000 sqft of living space on a N/A lot.

Agent Description

Calling all Investors!!! This is a rare opportunity to own the only operating Laundromat in Jackson County. And as a bonus there are two attached income producing residential apartments that are currently rented. This mixed-use property is an immediate cash flow property. The laundromat has well established customers that are loyal. All of the equipment will convey to the new owner. The two 1500 sqft apartments are currently rented bringing in more monthly income. Call now to see this great property!

Key Features

  • Built in 1964

Property Details

1 story
1964

Amenities

A/C

Monthly Cost Estimate

$1,872/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,517
Insurance$102

Estimates only. Actual payments may vary.

Location

701 N Murray St.

Gainesboro, TN 38562

Property Details

Construction

Frame Block Brick

Heating

Natural Gas

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 701 N Murray St. is listed at $350,000 ($88/sqft). The estimated monthly payment is $1,517 based on 20% down at 6.5% interest.

Key features include: Built in 1964.

This property is listed by Lacy Smith and can be reached at 9312678829 or lacysmithrealtor@gmail.com.

LS

Lacy Smith

Agent at Highlands Elite Real Estate Gainesboro

(931) 267-8829

Listed by Highlands Elite Real Estate Gainesboro

MLS# 242979· Source: listhub· Updated today

Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

701 N Murray St., Gainesboro, TN 38562

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