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$460,000
Est. payment /mo
0.37 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Prairieland Vi
MLS Listing ID 26043011
Year Built 2006
Annual Tax Amount $8,748
Lot Size 0.370 Acres
Acres 0.37
Property Description
Turn-Key Salon & Commercial Building Opportunity! Here's your chance to own both the real estate and a well-established business in one exceptional package! For more than 20 years, Signature Hair Studio has built a loyal clientele and strong reputation within the Troy community, making this an outstanding investment for an owner-operator or investor alike. The salon is currently home to five established tenant stylists, providing immediate income with four tenants paying $155 per week and one tenant paying $170 per week, generating a gross annual income of approximately $41,040. Most salon equipment, fixtures, and appliances will remain with the property, allowing for a seamless transition to the new owner. There is available room for 2 more stylist as the business grows. The approximately 2,400 square foot building is presently utilized as a single salon but was thoughtfully designed to accommodate two separate approximately 1,200 square foot commercial suites, offering excellent flexibility for future expansion, additional rental income, or multiple business concepts. Each side features a light-filled open floor plan with ceramic tile flooring, a kitchen/break room, restroom facilities, and ample space to customize for a variety of commercial uses. Situated in a highly desirable Troy location, this property enjoys convenient access to shopping, restaurants, businesses, and many of the area's everyday amenities, placing it close to the heart of all that's happening in the community. Ample customer and tenant convenience is provided with approximately 15 on-site parking spaces, making accessibility a valuable asset for both clients and employees. Whether you're looking to continue the success of an established salon, expand your investment portfolio, or create additional income opportunities, this rare turn-key property offers outstanding potential in a convenient Troy location. Don't miss this exceptional opportunity to own both the business and the building!
Location
State IL
County Madison
Interior
Heating Forced Air
Cooling Central Air
Flooring Ceramic Tile
Fireplace N
Appliance Washer/Dryer, Water Heater
Laundry Laundry Room
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Building
Water Public
Structure Type Brick Veneer,Vinyl Siding
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition Standard
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Listed by Kathy &Randy Malawy • RE/MAX Alliance
NEARBY SCHOOLS & PROPERTIES
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