Approximately 4.19% ROI based on revenue from the short-term rental alone. This offering has a metal roof, painted exterior, new sewer main line, new and inspected main water line, mini-split, lots of parking, and sits right next to the post office. It features a reputable established nightly rental and owner operated salon in the heart of John Day, Oregon. With a large street-side storefront window, you can use the 367 sqft to start up and run your own business. The salon is complete with a washer, dryer, and ½ bathroom. Live in or rent out the attached 641 sqft 1-bedroom, 1-bathroom apartment that cucrrently operating as a furnished nightly rental. Furnishings include a fridge, cook stove, and furniture in the living room and bedroom. Heat this space with propane heat and cool it with a window AC unit. Step outside to a private, shaded outdoor patio space. This business is ready to go. This oversized city lot measures approximately 47' x 148', is large enough for guest parking, offers a covered carport and power for an RV. The building sits on a busy street; this prime spot is an excellent launching pad for your new venture.
Listing courtesy of Madden Realty.
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