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About the Listing RMLM03 - 0645629,0667894
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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air,Electric
- Heating: Central,Electric
- Fireplaces:
- Floor: Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Zero Lot Line,Zero Lot
- Garage Capacity: N/A
- Zoning: Commercial
- Roof: Flat
- Others: Preowned
- Sewer:
- Parking Features: Additional Parking,Concrete
Financial Details
- Tax Amount: $5,083
- Taxes w/Assessments: N/A
- Tax/Property ID: 21563
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
100 S Main St Crandall, TX 75114
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