726 VASSAR STREET N

Under contract-accepting backup offers. Great potential for an income producing property! This 2,258 sq foot stand-alone College Park bungalow is currently in use as a trendy hair salon. The property not only boasts walkability in this popular, thriving area but has endless business potential. As you enter the central area, you are met with an open and airy space divided by 4 hair care stations, a sitting area, and a bay with sinks to rinse. Down the central hallway there are 3 private and rentable suites, along with a kitchen and laundry room with side entrance. These suites even have extra added ventilation. A separate oversized bonus suite, accessible from the back of property with its own private entrance, has an ensuite and due to the commercial & residential mixed-use zoning, can be transformed into a studio apartment or opened up to the main building to be a 4th interior suite. Estimates for a hairdresser’s chair rental is between $800- $1,000 monthly and the property conveys with 4 ready to go stations (although 6 can easily fit in the space). The rent for the suites is estimated to be even higher than the chair rentals! Parking lot in back has 5 dedicated spots, plus on street parking. The walkability to College Park along with the extensive road frontage and signage will create an optimal environment for business success. Come view today before this one-of-a-kind, desirable property is snatched up!