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    10548 State Route 29 Montrose, PA 18801

    For Sale
    $299,900

    Turnkey Hair Salon & Rental Income Potential

    Property size:
    884 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional mixed-use property, located at 10548 State Route 29 in Montrose, Pennsylvania, presents a unique investment opportunity. The 884-square-foot building currently houses a modern, four-station hair salon, operating as a turnkey business. This established salon provides immediate income potential, ready for a new owner to step in and continue operations. Adding to the revenue stream is a trailer rental on the property, generating additional income. The expansive two-acre lot offers significant potential for future development. Imagine adding another residential dwelling or expanding the trailer park. The property boasts two wells, ensuring a reliable water supply, and is conveniently connected to public sewer. Its prime location on Route 29 ensures high visibility and accessibility. Note that gas rights are not included in the sale. This property is priced at $299,900 and offers a blend of established business and significant development potential, making it an attractive investment for savvy entrepreneurs. The combination of a thriving hair salon, rental income, and ample land makes this a truly unique opportunity in a desirable location. Don't miss out on this chance to acquire a profitable and versatile commercial property.

    Property Features for 10548 State Route 29

    General Information

    Property type
    Mixed-use properties
    Square Feet
    884 SF
    Lot Size
    87,120 SF

    Building Details

    Year Built
    2006
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Susquehanna
    State
    Pennsylvania
    Longitude
    -75.89305
    Latitude
    41.78984

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    FAQs

    What type of property is this?
    Mixed-use property - Turnkey Hair Salon & Rental Income Potential
    Where is this mixed-use property located?
    The property is located at 10548 State Route 29 Montrose, PA.
    What is the asking price?
    The asking price for this property is $299,900.
    (570) 278-2434
    Request Owner's contact information
    10548 State Route 29 Montrose, PA 18801
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    Montrose, PA 18801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10548 State Route 29 Montrose, PA 18801
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