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Payton Blaylock

payton@blaylockgroup.com +1(618) 780-4622

$460,000

Est. payment - /mo

0.37 Acres Lot

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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

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Payton Blaylock

+1(618) 780-4622

Agent License ID: IL: 475.163463 MO: 2019012838

328 Bargraves BLVD Troy, IL 62294

Payton Blaylock

Key Details

Location

Interior

Exterior

Building

Others

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328 Bargraves BLVD