Mixed-Use Salon with
New
For Sale
$69,900
10 Main Street, Plymouth, OH 44865
Salon space includes styling, tanning, and waxing facilities, with a separate apartment above.
Property Size1,600 SF
Price / SF$43.69
Days on Market7
Property Features for 10 Main Street
General Information
Standard status
Active
Size
1,600 SF
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Business Included
Yes
Mixed-Use Components
retail, residential
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$635
Listing Agency:
Clinton Castle Realty
Listed By:
Boyd Studer
(419) 935-6161
Source:
Exprealty
Added: Oct 29
Changed: Nov 4
Last Checked: Nov 4 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Clinton Castle Realty
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Investment Insights
Based on property information with market context.
The 1,600-square-foot property combines a salon with a one-bedroom, one-bath apartment on the upper level. Salon equipment includes three wet styling stations, four hooded dryers, a face-waxing station, and three tanning beds, each in a separate room. A fourth room is currently used for storage. Waiting-area furniture remains, and shelving is available for product displays.
The apartment has a kitchen balcony and is occupied under a six-month lease. The salon layout also includes room for another service area, while the upstairs unit could be reconfigured from one bedroom to two, subject to renovation.
The apartment has a kitchen balcony and is occupied under a six-month lease. The salon layout also includes room for another service area, while the upstairs unit could be reconfigured from one bedroom to two, subject to renovation.
Key Highlights
- 1,600‑square‑foot mixed‑use property with salon and upstairs apartment
- Three wet styling stations, four hooded dryers, and a face‑waxing station
- Three tanning beds, each in its own room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,870
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$117,400
$117.4K
Cap Rate 7%
$83,857
$83.9K
Cap Rate 9%
$65,222
$65.2K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$10.3K $6.41/SF
− Vacancy
−$864 −$0.54/SF
EGI
$9.4K $5.87/SF
− OpEx
−$3.5K −$2.20/SF
NOI
$5.9K $3.67/SF
Area
Huron County, OH
Vacancy
8.42%
Lease Rate
$6.41 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$117,400
Cap Rate 7%
$83,857
Cap Rate 9%
$65,222
Alternative Uses
Best Use
Retail
$98.1K
$85.9K – $114.5K
NOI $6,868 @ 7.0% cap · market cap 9.83%
Second Best
Mixed Use
$83.9K
$73.4K – $97.8K
NOI $5,870 @ 7.0% cap · market cap 8.40%
Theoretical Best
Specialty Retail
$332.5K
$291.0K – $388.0K
NOI $23,278 @ 7.0% cap · market cap 33.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
5,771 visits/mo
0.3 miles
Demographics for 44865, OH
3,164
Population
1,279
Households
2.5
Avg Household Size
41
Median Age
16%
College-Educated
83%
High-School Grad
38.3 sq mi
ZIP Area
83
Density / Sq Mi
$73,173
Median Household Income
$35,173
Median Earnings
$871
Median Rent
$142,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Salon space includes styling, tanning, and waxing facilities, with a separate apartment above.
Where is this mixed-use property located?
The property is located at 10 Main Street Plymouth, OH.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: 1,600‑square‑foot mixed‑use property with salon and upstairs apartment; Three wet styling stations, four hooded dryers, and a face‑waxing station; Three tanning beds, each in its own room
