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! 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.