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Full Service Salon 315 Youngstown Kingsville Rd SE 1,768 SF 100% Leased Retail Building Vienna, OH 44473 $540,115 CAD ($305.49 CAD/SF) 5% Cap Rate
EXECUTIVE SUMMARY
This bustling hair salon in Vienna, Ohio, is ready for new ownership! All the hard work is done, including building renovation, client base establishment, and fully staffed. The building was completely gutted and renovated in 2018, with updates including a new furnace, hot water heater, plumbing, and electrical. In 2022, a new Level 4, 12-minute tanning bed was added. Updates in 2023 included a new washer, dryer, refrigerator, microwave, hand-built color cabinets, and a new pedicure chair. There is also a fully renovated (2020) tenant-occupied apartment in the back of the building. This is a prime location and an exciting opportunity, whether you are looking to expand your growing business or you are looking to own your first salon, this is your chance!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Building Size
1,768 SF
Year Built
1950
Price
$540,115 CAD
Price Per SF
$305.49 CAD
Cap Rate
5%
NOI
$27,006 CAD
Percent Leased
100%
Building Height
1 Story
PROPERTY TAXES
| Parcel Number | 16-163510 | Improvements Assessment | $22,934 CAD |
| Land Assessment | $7,852 CAD | Total Assessment | $30,787 CAD |
PROPERTY TAXES
Parcel Number
16-163510
Land Assessment
$7,852 CAD
Improvements Assessment
$22,934 CAD
Total Assessment
$30,787 CAD
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Full Service Salon | 315 Youngstown Kingsville Rd SE
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