Long established Mac-Groveland beauty salon for sale. The sale includes the building, the business, and the fixtures. The salon features 11 chair rentals for income plus retail sales and 2 bedroom upstairs apartment. Excellent location, newer roof fall of 2020 C/A on main floor, ample off street parking as well as 4 spots behind the building.
MLS ID: 6167845
Directions: Cleveland Avenue to Randolph west to property.
MLS #: 6167845
Listing courtesy of: Coldwell Banker Realty
Price: $509,900
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Business/Commercial, Other
Current Use: Beauty/Barber Shop, Residential
Total Units: 2
Lease Type: Gross
Annual Gross Income: $112,460
Net Operating Income: $71,755
Operating Expense: $40,705
Annual Gross Expense: $40,705
Annual Electric Expense: $1,000
Annual Fuel Expense: $4,800
Annual Insurance Expense: $4,197
Annual Maintenance Expense: $9,198
Annual Other Expense: $9,198
Annual Annual Expense: $780
Annual Water/Sewer Expense: $1,614
Tenant Pays: Electricity, Fuel
Owner Pays: Electricity, Fuel, Insurance, Janitorial Service, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
Parking Features: Open
Other Parking Spaces: 4
Owner Occupied: Yes
Construction Materials: Stucco
AccessibilityFeatures: None
Roof: Age Over 8 Years, Flat, Rubber
Heating: Baseboard, Forced Air
Cooling: Central Air, Window Unit(s)
Year Built: 1922
Foundation Area: 1,250
Amenities - Unit: Kitchen Window, Porch
Amenities - Association: Porch
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Number of Ranges: One
Number of Refrigerators: One
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Lot Dimensions: 40x122
Road Frontage: City Street
District: St. Paul
District Number: 625
District Phone: 651-767-8100
County: Ramsey
Survey Range: 23
Survey Section: 08
Survey Township: 28
Tax Year: 2022
Tax Amount: $10,582
Assessment Pending: Unknown
Taxes w/Assessments: $10,582
This listing was last updated by Coldwell Banker Realty on 2/14/2024 at 1:44 pm.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 5/3/2024 2:25 pm.
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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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