For more information regarding the value of a property, please contact us for a free consultation.
1904 W Highway 50 O'fallon, IL 62269
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
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
Read Less
Bought with Vicki Temple