BARBER SHOP FULLY EQUIPPED
with REAL ESTATE including a two-bedroom apartment.
This established barber shop represents a compelling mixed-use investment opportunity in Northwest Philadelphia's emerging market. The business operates from a strategically positioned property on a high-traffic commercial corridor, offering both immediate operational potential and long-term investment value.
Property Overview:
The mixed-use building features a fully equipped ground-floor barber shop and a two-bedroom residential apartment above. The commercial space is currently generating $1,350 monthly rental income, while the residential unit produces $1,050 monthly on a month-to-month lease arrangement. Both rental rates are positioned below current market values, presenting immediate income optimization opportunities.
Financial Performance:
The property generates gross annual rental income of $28,800, delivering an approximate 7% capitalization rate. Operating expenses are limited to real estate taxes, insurance, and routine maintenance, creating favorable cash flow dynamics for potential owners.
Business Assets:
All barber shop equipment and fixtures are included in the transaction, providing immediate operational capability for owner-operators or turnkey rental potential for investors. The established commercial tenant base and equipment package eliminate typical startup costs and operational delays.
Location Advantages:
Situated in Northwest Philadelphia's developing market area, the property benefits from high-visibility positioning on a major traffic artery. The location provides excellent accessibility for both commercial customers and residential tenants.
Financing Options:
The seller offers attractive financing terms to qualified purchasers, requiring $100,000 down payment, facilitating acquisition for serious buyers.
This opportunity combines immediate cash flow generation with long-term appreciation potential in an improving neighborhood, suitable for both owner-operators and investment portfolios.