# 701 N Murray St., Gainesboro, TN 38562

> **TL;DR:** commercial, $350,000 ($88/sqft), built 1964, 4,000 sqft.
> A/C. Est. $1,517/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $350,000 |
| Price/sqft | $88 |
| Square Feet | 4,000 |
| Year Built | 1964 |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,517 |
| **Total** | **$1,517** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1964

## Description

### 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!

## Location

- **Address:** 701 N Murray St., Gainesboro, TN 38562
- **County:** Jackson
- **Coordinates:** 36.3676052, -85.6546845
- **Google Maps:** https://www.google.com/maps?q=36.3676052,-85.6546845

## Listing Agent

- **Name:** Lacy Smith
- **Brokerage:** Highlands Elite Real Estate Gainesboro
- **Phone:** 9312678829
- **Email:** lacysmithrealtor@gmail.com

## Primary Photo

![701 N Murray St. - Primary Photo](http://lh.rdcpix.com/b070eaf605aa643a961022028304b353l-f2626199374r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/701-n-murray-st-gainesboro-tn-38562-n242979)*

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**MLS#:** 242979 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/701-n-murray-st-gainesboro-tn-38562-n242979)

---

## Structured Data

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  "name": "701 N Murray St., Gainesboro, TN 38562",
  "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 prop",
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