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K & A Design Group 241 E High St

2,430 SF Retail Building Mooresville, IN 46158 $1,098,539 CAD ($452 CAD/SF) 10.09% Cap Rate

Mixed Use Properties Indiana Mooresville 241 E High St, Mooresville, IN 46158

Investment Highlights

  • Updated building and mechanicals
  • Open floor plan
  • Corner exposure

Executive Summary

Attention Investors, Fully operational Salon Commercial building for sale. Purchased in 2010 and remodeled into beautifully updated Salon and Spa. Enter front door and greeted by cozy reception area and modern waiting space. 13 fully appointed stations- 11 stylist spaces, 1 massage therapy room with sink and 1 manicure/pedicure area with sink. One half bath, color room with sink, office, break room with kitchenette and washer/dryer. Other spaces include shampoo and dryer stations. Supply back bar and waxing. Multiple updates in 2010, gutted original building with complete remodel and mechanical upgrades. In 2019-roof, gutters, exterior paint. 2023 new sidewalk and patio break area. Mini barn for storage also included. Fresh landscaping and covered entrance

Attachments

241 Salon Info revised
241 LBP

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,430 SF
Year Built/Renovated
1960/2010
Price
$1,098,539 CAD
Price Per SF
$452 CAD
Cap Rate
10.09%
NOI
$110,872 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.30 AC
Zoning
Commercial Retail Store - Commercial Retail, currently operated as a Salon/Spa.
Parking
9 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
64 ft on East High Street

Amenities

  • Corner Lot
  • Signage
  • Wheelchair Accessible
  • Accent Lighting
  • Storage Space
  • Smoke Detector
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Nearby Major Retailers

BMO
Regions Bank
Kroger
Jpmorgan Chase & And Co
Steak ‘n Shake

PROPERTY TAXES

Parcel Number 55-01-36-265-002.002-005 Improvements Assessment $157,056 CAD
Land Assessment $100,499 CAD Total Assessment $257,554 CAD

PROPERTY TAXES

Parcel Number
55-01-36-265-002.002-005
Land Assessment
$100,499 CAD
Improvements Assessment
$157,056 CAD
Total Assessment
$257,554 CAD
(317) 417-9042

Contact

  • Listing ID: 32458514

  • Date on Market: 2024-07-14

  • Last Updated:

  • Address: 241 E High St, Mooresville, IN 46158

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VIDEOS
3D TOUR
PHOTOS
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MAP

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241 E High St, Mooresville, IN for sale Building Photo- Image 1 of 13
Signage
241 E High St, Mooresville, IN for sale Building Photo- Image 2 of 13
Entrance
241 E High St, Mooresville, IN for sale Interior Photo- Image 3 of 13
Reception
241 E High St, Mooresville, IN for sale Interior Photo- Image 4 of 13
Salon
241 E High St, Mooresville, IN for sale Interior Photo- Image 5 of 13
Salon
241 E High St, Mooresville, IN for sale Interior Photo- Image 6 of 13
Waiting Area
241 E High St, Mooresville, IN for sale Interior Photo- Image 7 of 13
Open Floor Plan
241 E High St, Mooresville, IN for sale Interior Photo- Image 8 of 13
Fully built-out Salon
241 E High St, Mooresville, IN for sale Interior Photo- Image 9 of 13
Office
241 E High St, Mooresville, IN for sale Interior Photo- Image 10 of 13
Office
241 E High St, Mooresville, IN for sale Interior Photo- Image 11 of 13
Storage
241 E High St, Mooresville, IN for sale Interior Photo- Image 12 of 13
Kitchen

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K & A Design Group | 241 E High St
(317) 417-9042 x

K & A Design Group | 241 E High St

Melissa Sheets

(317) 417-9042

(317) 417-9042

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