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1904 W Highway 50

O'Fallon, IL 62269
  • $235,000
  • STATUS: Closed
  • ON SITE: 250 Days
  • ID#: 23067786
Sold - 02/22/2024
$235,000
SOLD - 02/22/2024
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,946
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1961
County:

School Ratings & Info

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.

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Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-07-25T12:40:40.647.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/145348086
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1904 W Highway 50 O'Fallon, IL 62269

  • Price: $259,000
  • Status: Closed
  • On Site: 250 Days
  • Updated: 34 min ago
  • ID#: 23067786
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1,946
SQFT
$0
$/SQFT
1961
Built
Neighborhood:
Homestead, Sub
County:
St Clair
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.
Exterior Features

Attached Garage YN No Lot Size Source County Records Parking Features Parking LotAsphalt Parking Total 11 Road Frontage Type City StreetInterstateOuter Road Access Roof Asphalt Unit Location CityHigh TrafficRetail CenterShopping Mall

Interior Features

Above Grade Finished Area Source Public Records Cooling Wall Unit(s)Electric Heating Forced Air Heating YN Yes

Property Features

Association Southwestern Illinois Board of REALTORS Business Name Collins Hairport Commercial Type Commercial LandOffice Land Cross Street Brookside Drive Current Financing Cash OnlyConventionalFHAGovernment Current Use One StoryOfficeOtherPersonal ServiceProfessional Service Disclosures UnknownSellers Discl Not Av Electric Ameren Inclusions Land/Building & BusPersonal PropertySome EquipmentSome Fixtures Miscellaneous Building SignKitchen FacilitiesOutside Storage Net Operating Income 0 Operating Expense Includes Common Area MtceElectricityGasHeat/CoolingInsuranceWater/Sewer Possession Close Of Escrow Possible Use Place of WorshipOfficePersonal ServiceProfessional ServiceRetail Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions RenovatedNone Tax Annual Amount 4989 Tax Year 2022 Transaction Type Sale Utilities Cable AvailableElectricity AvailableWater AvailableSewer Available Water Source Public Zoning Commercial

Listing provided courtesy of Coldwell Banker Brown Realtors: 6673404. Listing information © 2024 Mid America Regional Information Systems, Inc.
Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-07-25T12:40:40.647.

Fusion Realty, LLC: 618.781.9170
 
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