Turnkey Salon with Real
1430 MORIN STREET, Eustis, FL 32726
- Added:
- Jun 5, 2025
- Days on Market:
- 363
- Last Refresh:
- Jun 2 at 5:06 pm
Property Features for 1430 MORIN STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Business
- Zoning
- SR
- Exterior features
- Corner Lot, Paved
- Appliances
- Dryer, Microwave, Refrigerator
- Standard status
- Pending
- APN
- 14-19-26-1801-000-18900
- Size
- 1,717 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2781.92
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1954
- Flooring type
- Vinyl
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Cindy Sonne License #407215 (352) 978-2686
Listing office SONNE REAL ESTATE INC 4931 Dora Dr, Mount Dora, FL (352) 516-3150
Listing date Jun 5, 2025
MLS# G5098008
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey, operating beauty salon with real estate included, offering immediate income potential.
- Remodeled in 2022, with a new roof (2017) and HVAC (2021), minimizing immediate maintenance costs.
- Seven stylist stations and three private rooms provide diverse service options.
- Established business with over 25 years of goodwill, offering a built‑in customer base.
- 1717 sq ft building with 14 parking spaces, accommodating staff and clients.
- Opportunity for expansion through additional services, booth rentals, retail sales, and enhanced marketing.
Overview
This is a turnkey, operating beauty salon with the real estate building and property included in the sale. The building has 1717 square feet with 14 parking spaces and was remodeled in 2022. The roof was replaced in 2017, and a new HVAC system was installed in 2021. The salon features seven individual hair stylist stations with chairs and three private rooms that currently house a nail/pedicure room, a private waxing/facial room, and a room with a Himalayan Salt bed. These rooms can be used for many different types of services. There are also two wash bowls and five hair dryer stations, a waiting area, a reception area, and a kitchen area with a washer/dryer. The sale includes decor, fixtures, equipment, and goodwill. This location offers great potential for rental income and owner-operated business. Potential exists to add more services, rent out more booths, and hire others that can provide add-on services in the private rooms, such as an esthetician, nail technicians, or massage therapist. Implementing marketing efforts through social media advertising, influencer partnerships, and local promotions can further increase brand visibility and attract new customers. The property is located in EUSTIS, FL, and sits on a lot of approximately 0.2 acres. This is an ideal acquisition for a licensed stylist ready to step into ownership, or an operator seeking a turnkey salon with expansion potential.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.9k | $18.00 |
| − Vacancy | −$1.9k | −$1.10 |
| EGI | $29.0k | $16.90 |
| − OpEx | −$8.7k | −$5.07 |
| NOI | $20.3k | $11.83 |
1,717 SF · lease $18.00/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$290.2K
$253.9K – $338.6K
NOI $20,315 @ 7.0% cap · market cap 8.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$488.6K
$427.5K – $570.1K
NOI $34,203 @ 7.0% cap · market cap 13.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Talk of the Town Hair ...
Hair Salon
Location Insight
- Map
- Local Demand
- City
- Eustis
- County
- Lake
- State
- Florida
- Longitude
- -81.686913
- Latitude
- 28.8394
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Operating beauty salon with real estate for sale in EUSTIS.
Where is this retail space located?
The property is located at 1430 MORIN STREET Eustis, FL.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: Turnkey, operating beauty salon with real estate included, offering immediate income potential.; Remodeled in 2022, with a new roof (2017) and HVAC (2021), minimizing immediate maintenance costs.; Seven stylist stations and three private rooms provide diverse service options.
