Turn-Key Colonie Hair
18 Fuller Road, Colonie, NY 12205
- Added:
- Nov 24, 2025
- Days on Market:
- 181
- Last Refresh:
- May 24 at 12:06 pm
Property Features for 18 Fuller Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Mixed
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 10
- Patio and Porch features
- Porch
- Basement
- Unfinished
- Standard status
- Pending
- APN
- 012689 42.17-4-10
- Size
- 1,579 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4296
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Flooring type
- Wood, Vinyl
- Building materials
- Aluminum Siding, Vinyl Siding
- Architectural style
- Other
Listing agent Troy C Miller License #10301224380 (518) 527-6904
Listing office Venture Fox Realty Group LLC 2390 Western Ave, Guilderland, NY (518) 290-1070
Listing date Nov 24, 2025
MLS# 202530076
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turn‑key commercial hair salon in a convenient Colonie location.
- Features four hair stations, manicure/pedicure area, and three wash stations.
- Second floor with hair and wash station, plus rooms for storage/office/expansion.
- Large, paved parking area with 10 spaces, plus a two‑car garage.
- Spa/esthetician room and onsite laundry.
- Handicap accessibility.
Overview
This turn-key commercial hair salon is situated in a convenient Colonie location. The well-maintained space features four hair stations, a manicure/pedicure area, and three wash stations. It also includes a reception area, kitchen, storage, and a restroom. Additional features are a spa/esthetician room, onsite laundry with a washer and dryer only a few years old, new chimney and duct work, and handicap accessibility. The second floor offers one hair station and one wash station, presenting potential for a full-service private space. Additional rooms on the second floor are ideal for storage, office use, or future expansion. A large, paved parking area provides 10 spaces, along with a two-car garage for additional parking or storage. On-street parking is also available. The property is suitable for an owner-operator or an investor seeking a move-in ready salon space. The property size is 1579 square feet and the lot size is 0.11 acres.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$212.0K
NOI $19,078 @ 9.00% cap · cautious / downside scenario
Moderate
$272.5K
NOI $19,078 @ 7.00% cap · market / base-case scenario
Aggressive
$381.6K
NOI $19,078 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.4k | $18.60 |
| − Vacancy | −$2.1k | −$1.34 |
| EGI | $27.3k | $17.26 |
| − OpEx | −$8.2k | −$5.18 |
| NOI | $19.1k | $12.08 |
1,579 SF · lease $18.60/SF/yr · vacancy 7.20% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$272.5K
$238.5K – $318.0K
NOI $19,078 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$416.6K
$364.5K – $486.0K
NOI $29,161 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Lipstik Beauty Lounge
Hair Salon
Location Insight
- Map
- Local Demand
- City
- Colonie
- County
- Albany
- State
- New York
- Longitude
- -73.817873
- Latitude
- 42.702073
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Move-in ready salon with expansion potential in Colonie, NY.
Where is this retail space located?
The property is located at 18 Fuller Road Colonie, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Turn‑key commercial hair salon in a convenient Colonie location.; Features four hair stations, manicure/pedicure area, and three wash stations.; Second floor with hair and wash station, plus rooms for storage/office/expansion.
