USATXCrandallCrandall Original 1100 S Main St

End cap of the nostalgic downtown structure. It was the original bank for Crandall, TX | Image 1

$470,000

100 S Main St, Crandall, TX

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Business

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $5,083

Days Active 151

Approx. Age 1900

MLS® Number 20858038

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description

MLS® Number20858038

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1900

Stories2

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatCentral, Electric

A/CCentral Air, Electric

Heating Fuel

Extras

Business

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