bedrooms
0
bathrooms
0
square feet
0
Acreage
0.066
Open Houses
-
year built
1900
Full Baths
0
Half Baths
0
Prime Corner Building with Salon & Apartment. This updated, corner commercial property offers a fantastic opportunity for investors and business owners alike. Located in nostalgic down-town Crandall, TX, the property boasts a total of approximately 2,549 square feet and features two distinct spaces – a thriving salon and a spacious 2-bedroom apartment – providing multiple income streams.
This salon space (approx. 1,363 sq. ft.) is fully equipped for success, featuring 8 stations and 4 shared wash sinks, including 2 private suites for added privacy and luxury. Each station's potential rent income is $150 per week, equating to a potential annual income of $7,800 per station. The salon is also equipped with a color dispensary, break or laundry room, and bathroom. With front and side entrances, the salon is easily accessible to clients.
Key features include
• Roof (2022)
• HVAC (2020)
• Exterior paint
• Attic space for additional storage over the salon
• All salon equipment, such as hair drying chair, washer and dryer, and more will convey.
The apartment (approx. 1,186 sq. ft.) offers comfortable living space with 2 bedrooms and 2 bathrooms. It currently rents for $1,500 per month through the end of November, providing steady rental income. The layout includes a large multi-use living area downstairs with the kitchen and bedrooms located upstairs.
Income Potential:
• Potential Salon Income: $62,400 annually (8 stations at $7,800 each)
• Apartment Income: $18,000 annually (at $1,500 per month)
• Total Potential Annual Income: $80,400 with full occupancy.
This property is ideal for an owner-operator or as an investment property, providing significant income potential in a prime location. Whether you’re looking to expand an existing business or start something new, this is the perfect space with everything you need to succeed.
Location | |
Subdivision | Crandall Original 1 |
County | Kaufman |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 20858038
Listing agent:
Lori Kite
#0645629
Listing broker:
Re/Max Landmark Rose
(972) 524-2525
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Monday, March 24 2025 at 1:20 p.m. EDT
Kotohomes National
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