Marcus & Millichap is pleased to announce the exclusive listing of the University Barbershop Apartments. This mixed-use property presents a compelling opportunity to acquire a stabilized residential asset and an owner-operated business. The building features four leased residential units generating consistent cash flow. The ground-floor commercial unit is currently occupied by the University Barbershop and is operated by the property owner. Tenant parking is located behind the building on Elizabeth Street, along with an additional parcel for the barbershop parking. Located in a high-demand area, the property benefits from strong fundamentals.
The barbershop presents a clear opportunity for an investor or entrepreneur. Buyers may choose to grow the business or convert it to a different use. This offering is ideal for investors seeking diversified income, operational control, and long-term upside through both real estate and business optimization.
Please do not disturb the tenants or the barbers. To view the property, contact the listing agent to schedule a tour.