$75,000
$75,000
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2020 N Monroe Frenchtown Twp, MI 48162
1,903 SqFt
Key Details
Sold Price $75,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 1,903 sqft
Price per Sqft $39
MLS Listing ID 57031375935
Sold Date 06/05/24
Originating Board Southeastern Border Association of REALTORS®
Year Built 1965
Annual Tax Amount $2,251
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 50 x 168
Property Description
Lucrative Investment Opportunity! This income property boasts a thriving barber shop and salon, strategically positioned in a high-traffic location. The property is fully leased and turnkey, making it an effortless addition to your investment portfolio. Operating five days a week, it features nine booths, seven of which are consistently rented year-round, ensuring a steady stream of rental income. Additionally, there's a massage room and all necessary equipment is included, making it a seamless transition for the new owner. The current owner is ready to retire, providing you with a golden opportunity to not only generate rental income but also supplement your overall financial portfolio by owning this piece of real estate. Don't miss your chance to capitalize on this profitable venture. Tenants on month to month lease.
Location
State MI
County Monroe
Area Frenchtown Twp
Interior
Hot Water Natural Gas
Heating Forced Air, Central Air
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Shingle
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick,Vinyl
Schools
School District Monroe
Others
Tax ID 0735304900
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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Bought with Coldwell Banker Haynes R.E. - Monroe