Vernon Martin Salon | 20799 W Pennsylvania Ave
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Vernon Martin Salon 20799 W Pennsylvania Ave
1,344 SF Office Building Dunnellon, FL 34431 $425,065 CAD ($316 CAD/SF) 20.90% Cap Rate
Investment Highlights
- Heavy daytime traffic.
- Salon boasts 8 rooms, a storage barn, 5 chairs, 2 bowls, private room, 2 electric fireplaces and potential to add a massage room.
- Popular historic district.
- Great exposure with 2 Signs and ample parking.
Executive Summary
Wonderful historic salon located in the historic district in Dunnellon, FL. Seller financing available on REAL ESTATE ONLY for $200,000 down payment and 60 months financing at 7% interest rate.
FANTASTIC OPPORTUNITY! Here is a charming, Victorian home built in 1928 with ship lap wood inside & out. This historic building was remodeled and is a well-established Hair salon with a high-end, boutique. FANTASTIC LOCATION! Nestled in the business AND historic district of a small but fast-growing Florida town. The price includes A TURN-KEY HAIR SALON with property on a corner lot. This business has great exposure, 2 Signs, ample parking, and is very charming! There are 8 individual, cozy rooms, 2 fireplaces, fully equipped with $3,000 of inventory! The seller is a highly sought hairdresser and wants to scale down. The seller will consider part time booth rental. The other hairdressers would love to stay. One of the hairdressers does hair, nails & pedicures. It is easy to expand services and grow business. This is truly a GREAT INVESTEMENT and deals like this are not easy to find!
FANTASTIC OPPORTUNITY! Here is a charming, Victorian home built in 1928 with ship lap wood inside & out. This historic building was remodeled and is a well-established Hair salon with a high-end, boutique. FANTASTIC LOCATION! Nestled in the business AND historic district of a small but fast-growing Florida town. The price includes A TURN-KEY HAIR SALON with property on a corner lot. This business has great exposure, 2 Signs, ample parking, and is very charming! There are 8 individual, cozy rooms, 2 fireplaces, fully equipped with $3,000 of inventory! The seller is a highly sought hairdresser and wants to scale down. The seller will consider part time booth rental. The other hairdressers would love to stay. One of the hairdressers does hair, nails & pedicures. It is easy to expand services and grow business. This is truly a GREAT INVESTEMENT and deals like this are not easy to find!
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
1,344 SF
Building Class
C
Year Built/Renovated
1928/2015
Price
$425,065 CAD
Price Per SF
$316 CAD
Cap Rate
20.90%
NOI
$88,849 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,344 SF
Building FAR
0.11
Lot Size
0.29 AC
Zoning
B3
Amenities
- Signage
- Kitchen
- Storage Space
- Central Heating
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 3380-0385-00 | Improvements Assessment | $69,038 CAD (2023) |
| Land Assessment | $54,604 CAD (2023) | Total Assessment | $123,642 CAD (2023) |
PROPERTY TAXES
Parcel Number
3380-0385-00
Land Assessment
$54,604 CAD (2023)
Improvements Assessment
$69,038 CAD (2023)
Total Assessment
$123,642 CAD (2023)
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Vernon Martin Salon | 20799 W Pennsylvania Ave
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