Here is our quick "take ten" (minute) review of a “sell my commercial property” request on a salon building in MS this week. (One of about 150-300 we receive each month.) Unfortunately, we have to pass on this opportunity.
However, there is opportunity for someone and here is where it lies: - buy the business and real estate as it has been a salon for 24 years. - area is projected to have 27% future job growth - local person could convert to a nice house. See house on corner nearby (image below) - could turn into a small income property. 95,000 ask price with a $791 per month net rent could be a 10% cap rate for someone.
If you have interest in this MS commercial property for sale, please contact us at 1-866-539-1777 and we can get you in touch with the owner/broker.
We are passing because: - tucked in physical location blocked by neighboring building (see image below) - location off of main drag - 31.0% of the population are below the poverty line, including 43.7% of those under the age of 18 and 21.3% of those 65 and older. - home prices are 45k to 75k nearby; owner is asking $95k on this deal. No noticeable upside for the extra price. - Population in 2014: 12,703 (96% urban, 4% rural). Population change since 2000: -4.8% more - crime index 409; US average 297
We are happy to review your property for free, call us or go here.
Is your commercial property driving you crazy? Too much management? Not enough income? Do you need to sell your commercial property fast? Not sure what to do with your commercial property? Time to move on? Or... just need help 
nationwide. We will