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Listed by Sean Connolly • Myers Real Estate
$ 124,900
Est. payment | /mo
472 SqFt
$ 124,900
Est. payment | /mo
472 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 472 sqft
Price per Sqft $264
MLS Listing ID 22132182
Year Built 1940
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Retail
Property Description
This charming, turnkey hair salon is ready for its next owner to step in and thrive. Filled with natural light and modern touches, the three chair layout creates a welcoming environment for clients and stylists alike. The building has been fully updated within the past five years, offering peace of mind and low maintenance. With all chairs rented, the salon could produce up to $1,380/mo in rental income, generating an ~7% cap rate and $7,250 in annual NOI making it a reliable and easy to manage investment. An owner operator could generate an even better return. Expense details available upon request. Don't miss this opportunity to own a cozy, profitable salon that's ready to start earning immediately.
Location
State IN
County Madison
Zoning Retail
Interior
Heating Electric, Forced Air
Cooling Central Air
Equipment List Available
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N true
View Downtown
Roof Type Built-Up,Rubber
Building
Story 1
New Construction false
Schools
Middle Schools Lapel Middle School
High Schools Lapel Sr High School
School District Frankton-Lapel Community Schools
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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