Property for Sale: 1904 W Highway 50, O'Fallon, IL 62269 SOLD

1,946 sqft
$235,000
$235,000
1904 W Highway 50, O'Fallon, IL 62269 SOLD
1,946 sqft
$235,000
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Selling Price: $235,000
Original List Price: $259,000
Sold at 90.7% of list price
Sold Date: 02/22/2024

Type Commercial
Square Footage 1,946 sqft
Lot Size 0.33 acres
Year Built 1961
Taxes Paid $4,989

City O'Fallon
County St Clair-IL
Subdivision Homestead, Sub

MLS 23067786
Status Closed
DOM 101 days
Meticulously maintained and flourishing barbershop and hair salon offering an unparalleled opportunity for aspiring investors, cosmetologists/barbers, and entrepreneurs. Property is located on W Hwy 50 in the heart of O’Fallon and is zoned B-1 commercial, with over 19,000 average traffic count vehicles per day on Hwy US-50. Located in a high traffic area with excellent visibility. Building is 1946 sq ft, on 0.33 acres with 11 asphalt parking spaces. Actual build year is 1961, with an effective built year of 1995. Side A of the building includes a large open room with 3 Barber stations. Side B includes 4 individual suites being operated as hair salons (financial details on the lease amount available upon request for qualified buyers), with a positive cash flow. Maintained a solid representation over the years with established clientele. Property has 2 half baths, an updated waiting room with full kitchen in the break area, hardwood/tile flooring throughout.

Room Features

Misc Description Building Sign, Kitchen Facilities, Outside Storage

Lot & Building Features

Cooling Electric, Wall Unit(s)
Heating Forced Air
Parking Description Asphalt, Parking Lot
Sewer Public Sewer
Tax Year 2022
Water Public

Price History of 1904 Highway 50, O'Fallon, IL

Date Name Price Difference
11/17/2023 Listing Price $235,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1904 Highway 50, O'Fallon, IL

Location Map Street View
Photo of
Listed by Coldwell Banker Brown Realtors, Theneshia Glaze
Sold by RE/MAX Preferred, Vicki Temple
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20%
2.1229787234043%
6.75%
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$
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Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Brown Realtors

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