Profitable North Andover Salon and Day Spa

Retail-Commercial for Sale
Catylist Listing ID: 30851753
Property Subtypes: Street Retail
Building Size (RSF): 2,495 SF
Gross Building Area: See Agent
Sale Price: $1,350,000
Unit Price: $541.08 PSF
Property Use Type: Business
Usable Size (USF): 2,495 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/26/2024

Overview / Comments

The owner has spared no expense when designing and building out this salon boasting 12 stylist' stations, 2 pedicure stations, 2 manicure tables, 3 treatment rooms, 4 shampoo sinks and 2 half baths. Ideal North Andover location with well established and profitable business that offers a great investment opportunity that practically runs itself or an entrepreneur’s perfect opportunity to get started in their own salon business. Price includes real estate, business and all fixtures.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $11,935 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Taxing Authority: North Andover
Tax ID/APN: M:00035 B:00020 L:0001A
Zoning: COMMERCIAL
Retail Clientele: General, Business
Airports: Boston Logan International Airport
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2007
Construction/Siding: Wood Frame
Total Parking Spaces: 40
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Lot Frontage: TBD
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 17280/129

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,556 107,321 223,433
Median Age: 41.74 35.65 36.49
Households: 1,605 38,438 81,369

Contact

Photograph of Listing Agent

Kristine LaPorte

KW Commercial, NH NECPE Member
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