14800 Yonge ST #118 new

Aurora,ON L4G 1N3

$ 1

- Bed

- Bath

6487 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 6,487 sqft

Price per Sqft $0

Subdivision Aurora Highlands

MLS Listing ID N11976007

Annual Tax Amount $19

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

Welcome to Salon City where Personal Care Business Ownership is being revolutionized! Own 38 one and two-person studios for rent to personal care entrepreneurs. Salon City offers personal care business owners a safe turnkey location in which they can begin or grow their own business. Studios are complete with European styling chairs, hair wash sinks for instant occupancy. Included with rental are a host of features to enhance the offering. Features such as: constant exhaust and air circulation systems, washing machines, lounge, classroom, podcast room, key fob building entry and private locked studios. Salon City has full-time, on-site management Tremendous 6,487 sq. ft. prime retail space with a current occupancy rate of approximately 50% (as of Jan 1/ 2025). There is tremendous upside and projected growth in rental income. Bonus income potential includes a huge basement with over 6,723 sq. ft ,which can be sub-leased for training sessions, seminars, beauty schools, or other ancillary uses to compliment your tenants' work. A great opportunity to help entrepreneurs start their new business at a fraction of the cost! Appeals to Hair Salons, Nail Salons, RMT Massage, Tattoo Parlors, Aesthetics Salon, Waxing, Laser, etc., etc. Terrific concept and business opportunity.

Location

Province ON

County York

Community Aurora Highlands

Area York

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 6487.0

Others

Security Features No

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