2-4 E Front St - Health Club FOR SALE


Newark, IL 60541
$350,000 USD
630-347-3207
2-4 E Front St, Newark, IL for Sale
$350,000 USD
Health Club - FOR SALE
1/33
null | Request Cap Rate

2-4 E Front St
Newark, IL 60541


HIGHLIGHTS

  • Situated on Newark's main corner
  • This property features updated interiors.

OVERVIEW

**Charming Mixed-Use Investment Opportunity Exclusively for Salon Owners in Downtown Newark** Welcome to a unique opportunity tailored exclusively for Salon Owners/Investors! Nestled in the heart of downtown Newark, this charming building promises a blend of personal enjoyment and business potential, all in a prime location. **Main Level Highlights:** - **Retail Space:** Currently operating as a successful hair salon, this vibrant space is ready to welcome its next salon owner. Situated on a bustling downtown corner, the salon enjoys high visibility and a steady stream of clients, offering incredible growth potential for the right entrepreneur. - **Residential Opportunities:** The spacious three-bedroom, two-bathroom apartment on the main level enhances the investment's appeal. It comes with the unique flexibility to accommodate a single family or be thoughtfully divided into two separate living quarters, providing additional income opportunities or personal convenience for the salon owner. To clarify this could be turned into 2 apartments on the first floor. A 1 bedroom 1 bath just a dd a kitchen and then there would be a 2 bedroom 1 bath ready to go. **Upper Level:** - The cozy upstairs apartment, with its modern updates, offers serene living quarters away from the hustle and bustle. The current tenant has been there for over ten years. Built-in income. This apartment has 2 bedrooms, possibly 3 bedrooms 1 bath kitchen and great living area with an upper deck to enjoy. **Key Features:** -4,120sf total **Salon Owner Exclusivity:** Currently offered exclusively to those ready to bring their salon vision to life in a dynamic downtown setting. - **Prime Location:** Situated on Newark's main corner, this property offers unmatched visibility and accessibility for your business. - **Updated Interiors:** Enjoy the blend of historic charm and modern amenities with recent updates throughout the building. - **Community Charm:** Become an integral part of a quaint and welcoming community, while positioning your business for ongoing success. This property is ideal for salon owners who envision running a successful salon while enjoying a convenient live-work setup. Embrace the opportunity to thrive personally and professionally in a beloved community. Your next big opportunity awaits in the growing downtown scene of Newark. Schedule your private showing today to explore this exclusive offering! Please Note*****Currently sellers are only offering to Salon interested parties. Either Investor or Owner Occupied.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

B-2

APN/PARCEL ID

07-06-282-001

ASK ABOUT THIS PROPERTY

Laura TomsaBrummel PropertiesMore Info
630-347-3207

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Laura TomsaBrummel PropertiesMore Info
630-347-3207

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