Coolest Hair Salon in Town For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30722166
Property Subtypes: Free-Standing Building, Post Office, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 1,527 SF
Gross Land Area: 0.31 Acres
Sale Price: $425,000
Unit Price: $278.32 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Building Name: Studio 27
Usable Size (USF): 1,527 SF
Sale Terms: Cash to Seller
Average Occupancy Rate: 100
Last Updated: 7/22/2021

Overview / Comments

This old service station has been converted to a cool hair salon and retail store. Almost everything is new. New floors, walls, electrical, plumbing, fixtures, roll up door, lighting, furnishings and decorations, rear yard septic system and front drive and parking areas.

The design and functionally of the salon has been well thought out. It is very functional and could provide the buyer monthly rental income of $5,850/month and retail income of $2,000/month. Annual income of $70,200 and retails sales of $24,000 per year or more. Rental income is calculated by 5 styling stations at $150/week/chair, 1 massage room at $150/week, nail station at $150/week, make-up station at $150/week and 1 foot massage station at $150/week. Retail sales are projected at $2,000/month.

This rental rates and tenants are in place and are paying this rents. The store has recently opened.

The styling room has a roll up door that can be opened whenever needed.

The property has in place a brand new septic sewer system with the backyard holding the septic lines. The parking lot and spaces are very plentiful with at least 25 spaces available.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Soddy Daisy/Hamilton County
Tax ID/APN: 033066B A 00400
Zoning: C2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Fronts Dayton Pike in Soddy Daisy
Property Visibility: Excellent
Largest Nearby Street: Dayton Pike
Feet of Frontage: 91
Traffic/Vehicle Count: 10,000
Highway Access: Easy Access to Highway 27. The property is about 1-2 miles just north of the Walmart store on Dayton Pike in Soddy Daisy.
Airports: Chattanooga Metropoliatan
Site Description: The site is level and at street grade. Building has been totally redeveloped in to a very cool hair salon.
Area Description: Soddy Daisy is a small city just outside of the city of Chattanooga in Hamilton County. It is a thriving suburban city to Chattanooga. Soddy Daisy to downtown Chattanooga is an easy 18 minutes drive on Corridor J or Hwy 127.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,527 SF
Property Condition: Excellent
Year Built: 2021
Year Renovated: 2021
Exterior Description: Stucco type exterior. Clean and white.
Total Parking Spaces: 25
Parking Type: Surface
Parking Description: Parking in front on concrete and in the rear on gravel.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central, Ceiling Units
Air Conditioning: Engineered System
Interior Description: Very upscale. Very clean and functional.
Zoning Description: C2-Commercial
Lot Frontage: 91
Lot Depth: 150
Water Service: Municipal
Sewer Type: Septic
Land Ownership: owned

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,521 37,142
Median Age: 39.66 41
Households: 6,083 14,321


Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
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