Recently renovated and remodeled office building turned salon suites featuring a freshly painted exterior/interior, updated windows, and new flooring throughout. The property also includes a fully updated restroom. Estimating that HVAC and LED lighting were updated in 2022/2023. The building consists of eight individual salon suites, with six currently leased at 300 per month. The current owner occupies three of the suites and intends for the business operations to continue as-is, with existing leases remaining in place. This property offers a solid investment opportunity with room for future growth through rent increases or additional leasing potential. Please note: Property taxes have not yet been reassessed, as the former owner was a nonprofit. Prospective buyers should factor a potential tax adjustment into their cash flow analysis.
Listed By
Agency Name: Hawkeye Commercial Real Estate
Agency Phone: 563-344-4295
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
1001 Division Street | MLS# 100000023
This commercial property located at 1001 Division Street, Orion, IL 61273 is currently listed for sale with an asking price of $205,000. Search Orion real estate on www.bhhscrosby.com today.