100 S Main Street, Crandall, TX 75114
sale
$450,000
|
Business
Courtesy Of RE/MAX Landmark Rose, Listed By Lori Kite
High-Visibility Corner Property with Salon & Apartment
This property offers a fantastic opportunity for investors and business owners alike. Located in nostalgic down-town Crandall, TX, the property features two distinct spaces a thriving salon and a spacious 2-bedroom apartment providing multiple income streams.
The salon space (approx. 1,363 sq. ft.) is fully equipped for success, featuring 8 stations and 4 shared wash sinks, including 2 private suites for added privacy and luxury. Each station's potential rent income is $150 per week, equating to a potential annual income of $7,800 per station. The salon is also equipped with a color dispensary, break or laundry room, and bathroom.
Key features include
Roof (2022)
HVAC (2020)
Exterior paint
Attic space for additional storage over the salon
All salon equipment, such as hair drying chair, washer and dryer, and more will convey.
The apartment (approx. 1,186 sq. ft.) offers comfortable living space with 2 bedrooms and 2 bathrooms. The layout includes a large multi-use living area downstairs with the kitchen and bedrooms located upstairs.
Income Potential:
Potential Salon Income: $62,400 annually (8 stations at $7,800 each)
Apartment Income: $18,000 annually (at $1,500 per month)
Total Potential Annual Income: $80,400 with full occupancy.
This property is ideal for an owner-operator or as an investment property. Whether you re looking to expand an existing business or start something new, this is the perfect space with everything you need to succeed.
This property offers a fantastic opportunity for investors and business owners alike. Located in nostalgic down-town Crandall, TX, the property features two distinct spaces a thriving salon and a spacious 2-bedroom apartment providing multiple income streams.
The salon space (approx. 1,363 sq. ft.) is fully equipped for success, featuring 8 stations and 4 shared wash sinks, including 2 private suites for added privacy and luxury. Each station's potential rent income is $150 per week, equating to a potential annual income of $7,800 per station. The salon is also equipped with a color dispensary, break or laundry room, and bathroom.
Key features include
Roof (2022)
HVAC (2020)
Exterior paint
Attic space for additional storage over the salon
All salon equipment, such as hair drying chair, washer and dryer, and more will convey.
The apartment (approx. 1,186 sq. ft.) offers comfortable living space with 2 bedrooms and 2 bathrooms. The layout includes a large multi-use living area downstairs with the kitchen and bedrooms located upstairs.
Income Potential:
Potential Salon Income: $62,400 annually (8 stations at $7,800 each)
Apartment Income: $18,000 annually (at $1,500 per month)
Total Potential Annual Income: $80,400 with full occupancy.
This property is ideal for an owner-operator or as an investment property. Whether you re looking to expand an existing business or start something new, this is the perfect space with everything you need to succeed.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Concrete
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: CRANDALL ORIGINAL 1, BLOCK 2, LOT PT
- MLSID: 20858038
- Roof Type: Flat
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