3 Fair Ave Middletown, NY 10940-2405
This exceptional commercial property, located at 3 Fair Ave in Middletown, NY, presents a remarkable investment opportunity. Boasting 2,443 square feet on a sizable 0.35-acre corner lot, this building offers ample parking and high visibility. Currently operating as a thriving hair, nail, and tanning salon, the property is in very good condition and meticulously maintained. The interior features an open, airy, and bright floor plan, including a welcoming reception area, a comfortable lounge, a spacious main cutting area with multiple workstations, a washroom, three tanning bed rooms, a dedicated nail area, and an additional cutting room with a separate bathroom. A lower level provides additional usable space, adding to the property's versatility. Its strategic location offers easy access to major transportation routes, including Route 17 and Route 84, as well as proximity to the train and bus stations, ensuring convenient commuting for both employees and clients. The property's adaptable layout makes it ideal for a variety of uses, including retail businesses, professional offices, or other professional service providers. This is a must-see property for discerning investors seeking a well-maintained, high-traffic location with significant potential. The asking price is $649,900.
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Shear Perfection Salon Hair Salon
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Shear Edge Hair Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HC · Middletown, NYMiddletown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.