For Sale
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Property summary
Excellent investment or owner-user opportunity with multiple income streams and flexible mixed-use potential. This well-maintained property features a fully operational 5-chair salon, a one-bedroom apartment, and a versatile pole barn with bay doors, dedicated office space, and ample storage/workshop area. Currently, 2 salon chairs are leased on a week-to-week basis at $120 per week per chair, while the apartment is rented month-to-month at $740/month, with estimated market rent potential of $850-$900/month. The pole barn is presently vacant but has historically generated up to $900/month in rental income. The pole barn is equipped with its own well and septic system separate from the main building, along with a full bathroom, heat, and central air, making it ideal for a variety of commercial or light industrial uses. The salon space also offers flexibility for conversion into professional office space, another small business venture, or even a second residential unit, subject to local approvals. Seller is open to negotiating the sale of the salon items as well. Whether you are an investor seeking strong income potential or an entrepreneur looking for a live/work setup, this property offers exceptional versatility and opportunity. (Redundant listing: 26024007)
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Gobles market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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