134 Leroy St Fenton, MI 48430
- Retail properties
- 2,668 SF
Current Use by Public Records
- Sawyer Jewelers / Jewelry Store / Diamond Dealer
- Sagano of Fenton / Japanese Restaurant / Restaurant
- The Rough Draught Coffee and Barroom / Restaurant / Coffee Shop
- Salon 416 / Hair Salon
- Fenton General Contractor & Services Inc / Gutter Cleaning Service
Property Details for 134 Leroy St
- Year built
- 2016
- Property size
- 2,668 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
Exceptional opportunity to acquire a successful, high-end hair salon in Fenton, Michigan. This 2,668 square foot storefront, located at 134 N Leroy St #2, is situated on a single story building constructed and renovated in 2016. The property boasts a strong 9.71% cap rate, generating a net operating income (NOI) of $106,812. The salon features an inviting atmosphere and specializes in haircuts, coloring, Brazilian Blowouts, and extensions, utilizing premium products such as Aveda and Oribe. The business benefits from an established brand, a loyal clientele, and a dedicated team of highly skilled stylists, ensuring continued success. The property is zoned for miscellaneous commercial services (Misc Comm Svcs) and is offered as a single-tenancy owner/user investment. The asking price is $1,100,000. APN: 53-36-602-002. This is a turnkey operation ready for immediate ownership.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fenton
- County
- Genesee
- State
- Michigan
- Longitude
- -83.7049
- Latitude
- 42.7972
