Diverse Investment Property
Investment opportunities like this don’t often hit the market! Available for purchase is this profitable combination property. Located in a well-maintained, historic main street building, this is a prime location for business! Consisting of 2 main street storefronts, 3 loft apartments, and an established 30+ year salon operation, you are guaranteed income from the start! With a little creativity, there is also unused loft and basement space that could provide an additional return. This is an opportunity you’ll want to take advantage of!
“Headlines” is a salon business that is currently operating in one of the storefronts, and is included in this sale. Within the salon, there are 5 chairs, 4 of which are currently leased, tables set up for manicures, and 2 pedicure chairs. The salon contains a washer/dryer, lounge area, storage space, and a bathroom. The other storefront is currently lea...
“Headlines” is a salon business that is currently operating in one of the storefronts, and is included in this sale. Within the salon, there are 5 chairs, 4 of which are currently leased, tables set up for manicures, and 2 pedicure chairs. The salon contains a washer/dryer, lounge area, storage space, and a bathroom. The other storefront is currently leased out and operating as a fabulous boutique. This space has 2 private dressing rooms and also contains 1 bathroom. Upstairs you’ll find 3 apartments that are currently leased out with reliable tenants. One of the apartments has been completely remodeled; on the back side of this apartment is an additional unfinished loft area, and plumbing for a second bathroom. An Airbnb space could be one of the many options for this spot. This description just skims the surface of the potential that this package deal provides. Please contact Andrea Larson at (319) 572-9260 for additional information and to set up your viewing!
Property Features
-Located on Main Street in Cherokee, IA
-2 retail storefronts
-Profitable salon business
-5 salon chairs; 4 currently leased
-5 new salon chairs on order
-Other storefront currently leased
-Various updates throughout building
-Additional basement and loft space with potential
-3 loft apartments currently leased
-1 recently remodeled apartment
-Restrooms in each store
-Multiple established income streams!!
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
Head east at the intersection of Highway 59 and Main Street; the property is located on the south side of the street.
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