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1234 MAIN, WALNUT CREEK, CA 94596

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  • 0 Beds
  • 0.0 Baths
  • 0 Sqft
  • Commercial
  • Active
  • MLS# 40842492

Property Details for 1234 Main

This is a “one of a kind” skin and body studio business offering studio room rentals in downtown Walnut Creek, CA. The business is turn-key with upside. It generates $160,800 in annual revenue and nets $55,500 annual profit. For the past twenty-one years the business has grown from two studios to its present size of 14 studio rooms and 17 renters. Due to market demand, one of the larger studios can and should be subdivided, which should generate an additional $1,100.00 per month rent. Historically, occupancy has been from 85% to 100%. The lease was extended for 5 years in March 2018 with an option to extend for an additional 5-years. This is a passive investment requiring no on-site management or industry experience. This skin studio is highly reputable with Estheticians and clientele alike. Many of the Estheticians have been here 3 to 18 years. Its reputation, location and facility attract some the best Estheticians in the area.

Listing courtesy of: WELLS & BENNETT REALTORS

INTERESTED IN THIS PROPERTY

PROPERTY DETAILS

  • Property Type: Commercial
  • List Price: $175,000
  • Sqft: 
  • Acres: 0
  • Beds: 0
  • Baths: 0.0
  • City: Walnut Creek
  • State: CA
  • Zip: 94596
  • Area: : Walnut Creek
  • Lot Size: : 0.13
  • Age: : 52
  • Year Built: : 1966
  • Exterior_Description: : Stucco
  • Cooling Description: : Area AC
  • Flooring Description: : Other
  • Roof Description: : Unknown
  • Utilities: : Electric,Gas,Hot Water,Separate Meter
  • Garage or Parking Description: : None
  • Heating Description: : Forced Air 1 Zone
  • Parking Spaces: : 0
  • Zoning: : DT
  • Building Type: : Comm Bus Opp
  • Comp Type: : %
  • Branded Virtual Tour: 
  • Additional Remarks: 

LISTING HISTORY

  • Previous Price: 
  • Price Change: 
  • Price Change Date: 
  • Previous Status: 
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Mortgage Information


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Monthly insurance: 
$0.00
Monthly taxes: 
$0.00
Monthly payment: 
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Total monthly payment: 
$0.00

AREA OVERVIEW


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