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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

116 South St Longview, TX 75601

14,700 SF 0.22 ac lot
Property ID
Property summary
AI-generated overview

This exceptional, owner-occupied, 14,700 square foot mixed-use property is situated on a 0.22-acre lot at 116 E South St, Longview, TX 75601. Currently operating as a thriving, luxury full-service medical spa, this turnkey business offers a diverse range of services including skin rejuvenation, laser treatments, facials, pedicures, Botox, IV therapy, derma-peels, massage therapy, and Vichy showers. The spa boasts state-of-the-art equipment and significant growth potential, further enhanced by the inclusion of a planned massage therapy school. The property's prime location in the heart of Longview's downtown area ensures high visibility and accessibility. The asking price for this single-tenancy storefront is $2,500,000. This presents a unique opportunity for an investor to acquire a profitable, established business with expansion possibilities in a vibrant Texas market. The immaculate condition of the facility and its established reputation contribute to its strong financial performance. This is an ideal investment for those seeking a high-return opportunity in the growing wellness industry. The property's mixed-use zoning allows for flexibility and potential future development.

Property profile
Verified
Property type Retail properties & Spaces
Total area 14,700 SF
Lot 0.22 ac (9,583 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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