Current Use by Public Records
- Retail properties & Spaces
Property Details for 116 South St
- Lot size
- 0.22 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
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.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Longview
- County
- Gregg
- State
- Texas
- Longitude
- -94.7401
- Latitude
- 32.4919
