25 W 9th Street, Lapel
25 W 9th Street, Lapel, IN 46051
Purpose unavailable
$124,900
Property Details
Bedrooms
Bathrooms
N/A
Sq Ft
1940
Year Built
Additional Information
Home Features
Providence Property Group, PC
Residential seller representation and real estate guidance in Greenwood, Indianapolis, and nearby Central Indiana communities.
Office
612 N Madison Ave
Greenwood, IN 46142
Call/Text
(317) 746-0616
garrettvaleu@providenceproperty.group
Description
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 could produce up to $1,380/mo in rental income, generating an ~7% 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.
Location
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25 W 9th Street, Lapel, IN 46051
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Listing provided courtesy of Sean Connolly at Myers Real Estate
Contact: sean@myersagency.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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