119 Public Square - Batesville
Commercial Building for Sale
Fully Rented by Buffy's on the Square Salon & Spa
New Price! $238,000
If you're looking to invest, here's a great opportunity! 119 Public Square is located in historic downtown Batesville between Complete Computers and Flint's Hardware. This building is home to Buffy's on the Square Salon & Spa. There are four stylists who currently rent the building and plan to continue, but there's plenty of room for more! The front of the store has a boutique area with space for clothing, decor, and jewelry items. There's also a massage therapy room and another room that could be used for a second massage or facial room. The back of the building has a a break room, a storage room, the laundry area, and a restroom. The sellers replaced the roof, the HVAC system, the duct work, and all of the electrical and plumbing systems in the building in the last eight years. Also, the custom metal awning was over $20,000 and adds such an elegant storefront face to the building!
(Equipment, furniture, & appliances not included, but may be purchased separately.)
Monthly Rental Income: $2,000--- ($24,000 annually)- Annual insurance $1,500 - Annual Electricity with TVEPA Total - $3,067 - Annual Taxes $1,333 -
Water & Sewage with City of Batesville - $470 Total Annually
($5,900+ total annual expenses ) - Approximately $18,100 Current Net Annual Income
Visit their facebook page here.
Driving Directions: From I-55, take the Batesville exit west onto Highway 6 to Eureka Street. Turn right onto Eureka, and go to the square and across the tracks and the building will be on the left next door to Flint's Hardware.
To begin the virtual tour, just click on a photo below.