651 Enfield St - Freestanding FOR SALE


$599,999 USD
413-679-2007
651 Enfield St, Enfield, CT for Sale
$599,999 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate


OVERVIEW

Located along a high-traffic main road in Enfield, this established, fully upgraded hair and beauty salon is a prime passive investment opportunity. Offering a modern, open-concept layout, the salon features a well-equipped space designed for both client comfort and operational efficiency. The business is secured by a five-year lease, of which 3 years are left. With an additional five-year option. Tenant responsible for utilities providing long-term stability for a passive investor. Roof was redone in 2024.The parking lot was just repaved and striped. The salon includes two hair stations, with a wash basin. There are five nail stations and five pedicure stations. A well-appointed back bar area and a separate wash area for clients further enhance the functionality of the space. Two private facial rooms are also included, each furnished with two salon beds and equipped with sinks and ample counter space, making them perfect for personalized skin treatments. The salon also features an accessible bathroom and a spacious waiting area with four chairs. The lower level of the property has a dedicated employee recreational area, complete with its own bathroom and additional private spaces. The large, open warehouse-style space for flexibility for storage or potential future expansion. The renovated and expanded building is equipped with central air and with 16 parking spaces available, the salon's location on a major road ensures excellent visibility and consistent foot traffic. 5 year Lease is $4000 per month tenant pays all utilities. Tenant is 2 years into 5 year lease with a 5 year option. Tenant is always current. Buyers and buyers agent to do diligence.

FOR SALE DETAILS

PRICE

$599,999 USD

PRICE/SF

$189 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R33

APN/PARCEL ID

ENFI-000032-000000-000025

ASK ABOUT THIS PROPERTY

Laura RonghiNapoli Realty LLCMore Info
413-679-2007

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Laura RonghiNapoli Realty LLCMore Info
413-679-2007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.