Operational Salon

Retail-Commercial for Sale
Catylist Listing ID: 30811045
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 3,000 SF
Gross Land Area: 0.23 Acres
Sale Price: $400,000
Unit Price: $133.33 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Country Clippers
Usable Size (USF): 3,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/20/2022

Overview / Comments

Operational Salon with 40 years in business!

Owner is retiring and selling the real estate as well as the business. The business FFE will be negotiated between any potential buyer looking to keep the salon business intact. The current operation is a 12-station salon with full nail and esthetician services. This is a great turnkey opportunity to step into an established business with cashflow and put your touches on it!

This transaction is being handled with great discretion as to not interrupt the current operation. Please do not attempt to view the property as a perspective buyer during business operation. All showings will be conducted after hours or on Mondays.

This free-standing building is designed to be two fully independent suites with dedicated mechanical systems. The current operation utilizes both suites but could be downsized to create a separate leasable suite. The property can also be purchased without the business and used for retail or office space.

Property is located on the eastern edge of the Downtown Development Authority district and is a short walk or easy drive to downtown Howell.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Livingston
Submarket/Township: Howell/Brighton Area
Taxing Authority: City of Howell
Tax ID/APN: 4717-36-402-003
Zoning: B2
Retail Clientele: General
Property Located Between: Grand River and Clinton Street
Property Visibility: Excellent
Largest Nearby Street: Grand River Avenue
Feet of Frontage: 99
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,450 SF
Property Condition: Good
Year Built: 1990
Year Renovated: 1997
Construction/Siding: Vinyl Siding
Total Parking Spaces: 12
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: Property includes a private dedicated onsite lot for customers.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Interior Description: Existing layout is an open space with a loft above the front portions.
Lot Frontage: 99
Lot Depth: 99
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: SEC 36, T3N R4E CITY OF HOWELL T. W. MIZNERS "WASHINGTON HEIGHTS" ADDITION LOTS 23, 24, AND 25 BLOCK 9

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,273 21,135 47,560
Median Age: 34.41 36.79 39.31
Households: 2,434 8,280 18,168

Contact

Photograph of Listing Agent

Trevor L Brooks

Laurex CPIX Member
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