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$ 350,000
Est. payment | /mo
4,120 SqFt
$ 350,000
Est. payment | /mo
4,120 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,120 sqft
Price per Sqft $84
MLS Listing ID 12203279
Annual Tax Amount $3,819
Tax Year 2023
Lot Dimensions 31 X 120 X 36 X 120
Property Sub-Type Mixed Use
Property Description
**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 o 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 yeas. 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:** - **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.
Location
State IL
County Kendall
Interior
Cooling Central Air
Fireplace Y
Exterior
View Y/N true
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Laura Tomsa • Brummel Properties, Inc.
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