203 Prospect RdBloomington, IL 61704

Property Details for 203 Prospect Rd

Lot size

1.63 AC

Property type

Land

Property subtype

Commercial land

APN

21-02-253-017

APU

2102253017

Description

This exceptional turnkey hair salon opportunity is located at 203 N Prospect Rd, Bloomington, IL 61704, in a multi-tenant retail building conveniently situated east of Veterans Parkway in McLean County. The salon, established in 2009, boasts a beautifully finished interior designed for comprehensive salon services. Features include a dedicated shampoo area and a private room suitable for massage or esthetician services. Currently configured for four styling stations, the space previously accommodated six, reflecting its adaptable layout. The current tenant is open to negotiating a chair rental sublease agreement, potentially accommodating up to three additional stylists, offering a unique opportunity to offset lease costs. All existing furniture, fixtures, and equipment (FF&E) are included in the sublease assignment at no extra charge, as detailed in a separate agreement. This presents a rare chance to acquire a fully operational, established salon with immediate earning potential, eliminating the significant start-up costs associated with building a business from the ground up. The prime location and established clientele base provide a strong foundation for continued success. This is an exceptional opportunity for a seasoned salon professional or an ambitious entrepreneur seeking a ready-made business in a thriving community.

• Alternative Use

  Use

  Valuation

  Residential

  $14,674,467

  Hospitality

  $13,441,732

  Educational

  $11,183,364

  Medical

  $11,567,977

  Retail

  $17,396,344

Location Insight

City

Bloomington

County

Mclean

State

Illinois

Latitude

40.4825

Longitude

-88.9489

CBSA code

14010

CBSA name

BLOOMINGTON, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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