Log In/Sign Up
Your email has been sent.
4931 W Pages Ln
Louisville, KY 40258
Retail Property For Sale
Investment Highlights
- Well Tenured stylists
- Sits on main thoroughfare
Executive Summary
Primpology Hair Lounge is a well-established, booth-rental hair salon operating for the last 10 years on a fully passive model. The owner has no day-to-day involvement, there is no marketing spend, and the salon runs entirely on the strength of its long-tenured independent contractor stylists.
The salon is divided into two distinct spaces: a front salon with booth-rental stylists on a flexible weekly arrangement, and a back salon where three stylists hold annual leases. All current contractors have been in place for a minimum of 2 years up to as long as 10 years which provides exceptional revenue stability and predictability for a new owner.
The salon is divided into two distinct spaces: a front salon with booth-rental stylists on a flexible weekly arrangement, and a back salon where three stylists hold annual leases. All current contractors have been in place for a minimum of 2 years up to as long as 10 years which provides exceptional revenue stability and predictability for a new owner.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,080 SF
Building Class
C
Year Built
1952
Price
$578,217 CAD
Price Per SF
$277.99 CAD
Cap Rate
12.24%
NOI
$70,774 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
4.90 AC
Zoning
C-2 / R-4
Parking
5 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
90’ on Pages Ln
Property Taxes
| Parcel Numbers | Improvements Assessment | $278,864 CAD | |
| Land Assessment | $178,281 CAD | Total Assessment | $457,145 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$178,281 CAD
Improvements Assessment
$278,864 CAD
Total Assessment
$457,145 CAD
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
