O'fallon, IL 62269,1904 W Highway 50
O'fallon, IL 62269,1904 W Highway 50
O'fallon, IL 62269,1904 W Highway 50
25
$235,000
$259,000
9.3%
Est.Price: ?

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1,946 SqFt

1904 W Highway 50 O'fallon, IL 62269

Est. payment /mo
SOLD DATE : 02/22/2024

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Key Details

Sold Price $235,000

Property Type Commercial

Sub Type Commercial & Indr.

Listing Status Sold

Purchase Type For Sale

Square Footage 1,946 sqft

Price per Sqft $120

Subdivision Homestead, Sub

MLS Listing ID 23067786

Sold Date 02/22/24

Construction Status 63

Year Built 1961

Building Age 63

Lot Size 0.330 Acres

Acres 0.33

Property Description

Meticulously maintained and flourishing barbershop and hair salon offering an unparalleled opportunity for aspiring investors, cosmetologists/barbers, and entrepreneurs. Property is located on W Hwy 50 in the heart of O’Fallon and is zoned B-1 commercial, with over 19,000 average traffic count vehicles per day on Hwy US-50. Located in a high traffic area with excellent visibility. Building is 1946 sq ft, on 0.33 acres with 11 asphalt parking spaces. Actual build year is 1961, with an effective built year of 1995. Side A of the building includes a large open room with 3 Barber stations. Side B includes 4 individual suites being operated as hair salons (financial details on the lease amount available upon request for qualified buyers), with a positive cash flow. Maintained a solid representation over the years with established clientele. Property has 2 half baths, an updated waiting room with full kitchen in the break area, hardwood/tile flooring throughout.

Location

State IL

County St Clair-il

Zoning Commercial

Interior

Heating Forced Air

Cooling Wall Unit(s), Electric

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Available, Water Available, Sewer Available

Roof Type Asphalt

Parking Type Parking Lot, Asphalt

Building

Sewer Public Sewer

Water Public

Construction Status 63

Others

Acceptable Financing Cash Only, Conventional, FHA, Government

Listing Terms Cash Only, Conventional, FHA, Government

Special Listing Condition Renovated, None

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Listed by Theneshia Glaze • Coldwell Banker Brown Realtors
Bought with Vicki Temple

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Saddle Sisters Real Estate

Agent | License ID: 2023019053

+1(314) 526-6028

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