Turn-Key Hair Salon
E Central Parkway 102 Cincinnati, OH 45202
E Central Parkway 102, Cincinnati, OH, 45202
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For Sale
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Turn-key hair salon with 9 chairs, backwash sinks, and optional live-work setup in an Art-Deco building.
Property Size1,665 SF
Price / SF$210.21
Days on Market82
Property Features for E Central Parkway 102
General Information
- Standard status
- Active
- Size
- 1,665 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1936
Listing agency
Coldwell Banker West Shell Cincinnati
Listed by
William Draznik · License #OH 2006001330
Source
Crexi
Added: May 1 Updated: Jul 10 at 3:59PM Checked: Jul 20 at 7:19AM
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 Coldwell Banker West Shell Cincinnati
Investment Insights
Based on property information with market context.
This turn-key hair salon is located in the Art-Deco American Building at 30 E. Central. The current interior layout includes 9 chairs, 3 shampoo backwash sinks, 2 dryer chairs, and 1 waxing chair. The space also has 2 washers, 1 dryer, and 2 compartment sink facilities located in a convenient first-floor storage room. Soaring 12-foot ceilings support an open feel and bring in natural light. The mezzanine level is equipped with a kitchenette and bathroom and offers potential for live/work use. Salon chairs are negotiable. The property is sold as-is, and the entry red sofa, entry mirror, and art are excluded from the sale.
Access is provided through a storefront setting with excellent visibility, positioned at the intersection of Central Parkway and Walnut. The offering includes monthly HOA fees of $800, which covers two deeded parking spaces in the attached garage. Additional on-street and garage parking is available nearby for clients, and the property is located near north and south Streetcar lines.
For buyers, this configuration supports immediate salon operations with established workstations and built-in wash, laundry, and utility functionality. The mezzanine kitchenette and bathroom can also support flexibility for an owner-operator live/work arrangement, subject to the buyer’s intended use. Showings are scheduled for Mondays only, with notice required to avoid disrupting current business operations.
Access is provided through a storefront setting with excellent visibility, positioned at the intersection of Central Parkway and Walnut. The offering includes monthly HOA fees of $800, which covers two deeded parking spaces in the attached garage. Additional on-street and garage parking is available nearby for clients, and the property is located near north and south Streetcar lines.
For buyers, this configuration supports immediate salon operations with established workstations and built-in wash, laundry, and utility functionality. The mezzanine kitchenette and bathroom can also support flexibility for an owner-operator live/work arrangement, subject to the buyer’s intended use. Showings are scheduled for Mondays only, with notice required to avoid disrupting current business operations.
Key Highlights
- Turn‑key hair salon in the Art‑Deco American Building (30 E. Central) built in 1936
- Salon setup includes 9 chairs, 3 shampoo backwash sinks, 2 dryer chairs, and 1 waxing chair
- 12‑ft ceilings and natural light; includes 2 washers, 1 dryer, and 2‑compartment sink in a 1st‑floor storage room
Local Financial Insights For Mixed Use
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 | $36.0k | $21.60 |
| − Vacancy | −$3.6k | −$2.16 |
| EGI | $32.4k | $19.44 |
| − OpEx | −$12.1k | −$7.29 |
| NOI | $20.2k | $12.15 |
1,665 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$289.0K
$252.9K – $337.2K
NOI $20,230 @ 7.0% cap · market cap 5.78%
Second Best
Office B
$283.9K
$248.4K – $331.2K
NOI $19,872 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$331.0K
$289.6K – $386.1K
NOI $23,168 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Turn-key hair salon with 9 chairs, backwash sinks, and optional live-work setup in an Art-Deco building.
Where is this storefront property located?
The property is located at E Central Parkway 102 Cincinnati, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Turn‑key hair salon in the Art‑Deco American Building (30 E. Central) built in 1936; Salon setup includes 9 chairs, 3 shampoo backwash sinks, 2 dryer chairs, and 1 waxing chair; 12‑ft ceilings and natural light; includes 2 washers, 1 dryer, and 2‑compartment sink in a 1st‑floor storage room
