100 S Main St - Storefront Retail/Residential FOR SALE


Crandall, TX 75114
$499,000 USD
972-352-7072
100 S Main St, Crandall, TX for Sale
$499,000 USD
Storefront Retail/Residential - FOR SALE
1/20
null | 16.11% Cap Rate

100 S Main St
Crandall, TX 75114


OVERVIEW

Prime Corner Building with Salon & Apartment. This updated, corner commercial property offers a fantastic opportunity for investors and business owners alike. Located in nostalgic down-town Crandall, TX, the property boasts a total of approximately 2,549 square feet and features two distinct spaces – a thriving salon and a spacious 2-bedroom apartment – providing multiple income streams. This 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. With front and side entrances, the salon is easily accessible to clients. 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. It currently rents for $1,500 per month through the end of November, providing steady rental income. 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, providing significant income potential in a prime location. Whether you’re looking to expand an existing business or start something new, this is the perfect space with everything you need to succeed.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

16.11%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

ReLentLess Salon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

Commercial

APN/PARCEL ID

21563

ASK ABOUT THIS PROPERTY

Lori KiteRE/MAX Landmark RoseMore Info
972-352-7072

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Lori KiteRE/MAX Landmark RoseMore Info
972-352-7072

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.