SQUARE FEET472
MLS#22132182
STATUSActive
PROPERTY TYPECommercial - Retail
SCHOOLFrankton-Lapel Community Schools
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.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Heating: Electric, Forced Air
Lot Size: 0.15 Acres
Stories: 1.0
Taxes: $802
Year Built: 1940
Feature Descriptions
Days on Site: 1
Equipment: List Available
Utility Options: Electricity Connected, Sewer Connected, Water Connected
Local Schools
School District: Frankton-Lapel Community Schools
Listed By / Shown By
Listed By
Agency Name: Myers Real Estate
Agency Phone: 765-534-3154
Shown By
Agent Name: Brent Rickards
Agent Phone: (317) 969-5959
Agency Title: Key Realty
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25 W 9th Street | MLS# 22132182
This commercial property located at 25 W 9th Street , Lapel, IN 46051 is currently listed for sale with an asking price of $124,900. W 9th Street is located within the Frankton-Lapel Community Schools school district. Search Lapel real estate on www.brentrickards.com today.