123 E Union Ave, Litchfield, IL 62056
sale
$205,000
|
Commercial-Other
Listed By CENTURY 21 Reid Baugher Realty
Position your business for success in this prime downtown mixed-use property offering exceptional visibility and steady foot and vehicle traffic. Perfectly suited for entrepreneurs and investors alike, this versatile building combines a turnkey commercial space with an income-producing residential unit above. The main level features a fully operational salon and spa, thoughtfully designed for efficiency and client comfort. The functional layout supports a wide range of beauty and wellness services, including a private spa treatment room added in 2023 to expand service offerings. A recently installed heating and A/C system ensures year-round comfort and energy efficiency. This turnkey setup is ideal for an owner-operator ready to step in or an investor seeking a ready-to-lease commercial space. Upstairs, a spacious 2-bedroom, 1-bath apartment provides immediate rental income, as it is currently tenant-occupied. With a separate entrance and private living space, the residential unit offers convenience and privacy for occupants, making it an attractive long-term rental. Additional highlights include two private parking spaces - a rare and valuable feature in a downtown location - and a main-level storage room accessible to both commercial and residential tenants. With strong income-producing potential and dual revenue streams, this property is an outstanding opportunity for a live/work setup, owner-user, or passive investor. The established salon and spa layout is especially appealing for service-based businesses seeking high exposure in a thriving location. Call today to schedule your showing!
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Property Features
- Building Area: 1620.00 SF
- Cross Docks: N
- Exterior Description: Brick
- For Auction: N
- Lot Size In Text: 0.037 Acres
- MLSID: 26017002
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Tax Year: 2024
- Taxes: $2447.00
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