Remodeled Salon with
426 Geyser Road Ballston Spa, NY 12020
For Sale
$634,999
COMMERCIAL - Other - Ballston Spa, NY
Property Size2,400 SF
Lot Size0.46 Acres
Price / SF$264.58
Days on Market290
Property Features for 426 Geyser Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Commercial
Parking
20
Interior features
High Speed Internet
Exterior features
Lighting
Standard status
Active
APN
414289 190.7-1-56
Size
2,400 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Annual Amount
6461
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1972
Floors in Building
1
Flooring type
Tile - Ceramic, Laminate
Building materials
Block, Brick
Roof type
Rubber
Architectural style
Other
Listing Agency:
Cleardoor, Inc
(888) 452-5327
Listed By:
Eric Eckardt · License #10311208883
(518) 368-8087
Added: Oct 13, 2025
Changed: Jul 24
Last Checked: Jul 29 at 1:06PM
MLS# 202527671
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.
Investment Insights
Based on property information with market context.
This fully remodeled salon is equipped for day-to-day service, with 2 massage chairs, 4 tanning booths, 3 massage rooms, and 3 cutting stations with hydraulic chairs. The space also includes a sauna, a coin-operated automatic dog wash station, laundry facilities, and a kitchen, and the furnishings can remain.
The property sits on a paved lot with 20 parking spaces, with additional parking available behind the building. There is room on the side for potential drive-through and additional parking that could increase the total to approximately 50 spaces.
The well has been tested and the septic system has been cleaned. State licenses must be in place for operation, with zoning identified as commercial.
The property sits on a paved lot with 20 parking spaces, with additional parking available behind the building. There is room on the side for potential drive-through and additional parking that could increase the total to approximately 50 spaces.
The well has been tested and the septic system has been cleaned. State licenses must be in place for operation, with zoning identified as commercial.
Key Highlights
- Fully remodeled salon with 3 massage rooms, 4 tanning booths, 3 cutting stations with hydraulic chairs, and 2 massage chairs
- Includes a sauna, coin‑operated automatic dog wash station, laundry facilities, and a kitchen
- 20 paved parking spaces plus additional parking available behind the building; potential side space for drive‑through and up to ~50 spaces
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 | $43.2k | $18.00 |
| − Vacancy | −$1.8k | −$0.76 |
| EGI | $41.4k | $17.24 |
| − OpEx | −$12.4k | −$5.17 |
| NOI | $29.0k | $12.07 |
2,400 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$413.9K
$362.1K – $482.8K
NOI $28,970 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$718.4K
$628.6K – $838.1K
NOI $50,285 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Fully remodeled salon includes 20 paved parking spaces and multiple treatment rooms, tanning booths, and massage equipment.
Where is this spa & wellness property located?
The property is located at 426 Geyser Road Ballston Spa, NY.
What is the asking price?
The asking price for this property is $634,999.
What are key features of this property?
This property features: Fully remodeled salon with 3 massage rooms, 4 tanning booths, 3 cutting stations with hydraulic chairs, and 2 massage chairs; Includes a sauna, coin‑operated automatic dog wash station, laundry facilities, and a kitchen; 20 paved parking spaces plus additional parking available behind the building; potential side space for drive‑through and up to ~50 spaces
