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$124,900

25 W 9th Street, Lapel, IN, 46051

Active

20 photos · 5 shown · tap a photo to enlarge

Year built
1940
Status
Active
Days on market
1
Type
Retail
MLS #
MBR22132182

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 produces $345/week in rental income, generating an ~8% 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.