Turnkey Salon and Wellness
For Sale
Contact for pricing
110 W Adair St, Valdosta, GA 31601
R-P zoned property with six rooms and three bathrooms configured for salon, spa, or professional service use.
Property Size2,262 SF
Price / SF$110.08
Days on Market8
Property Features for 110 W Adair St
General Information
Standard status
Active
Size
2,262 SF
Property subtype
Retail
Zoning
R-P
Building Details
Year Built
1942
Buildings
2
Listing Agency:
Coldwell Banker Commercial Premier Real Estate
(229) 244-3535
Listed By:
John Courson · License #342868
Source:
Crexi
Added: Jul 23
Changed: Jul 29
Last Checked: Jul 29 at 6:33PM
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 Commercial Premier Real Estate
Investment Insights
Based on property information with market context.
This 2,262 SF commercial property offers a historic-residence feel with a layout designed for a turnkey salon and wellness operation. The building includes six rooms and three bathrooms, and it also features a 400 SF detached garage. R-P zoning supports the current commercial use and may suit uses such as a salon, spa, aesthetics practice, boutique office, or other professional service business, subject to zoning and applicable regulations.
The property is located just minutes from Downtown Valdosta. Within the surrounding one-mile trade area, there are more than 9,200 residents and a 12,400+ daytime population, supporting a steady local customer base for personal care services.
For investors, the property can be evaluated for leasing to a commercial tenant or for potential residential rental use, subject to zoning and applicable regulations. Salon equipment and fixtures are not included in the sale but are available for separate purchase. The property was built in 1942.
The property is located just minutes from Downtown Valdosta. Within the surrounding one-mile trade area, there are more than 9,200 residents and a 12,400+ daytime population, supporting a steady local customer base for personal care services.
For investors, the property can be evaluated for leasing to a commercial tenant or for potential residential rental use, subject to zoning and applicable regulations. Salon equipment and fixtures are not included in the sale but are available for separate purchase. The property was built in 1942.
Key Highlights
- 2,262 SF commercial property configured as a turnkey salon and wellness space
- Six rooms and three bathrooms
- 400 SF detached garage
Financial Insights For Office B
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 | $29.9k | $13.20 |
| − Vacancy | −$6.6k | −$2.90 |
| EGI | $23.3k | $10.30 |
| − OpEx | −$5.8k | −$2.57 |
| NOI | $17.5k | $7.72 |
2,262 SF · lease $13.20/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$249.5K
$218.3K – $291.1K
NOI $17,467 @ 7.0% cap · market cap 7.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$343.4K
$300.5K – $400.7K
NOI $24,039 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,230
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31601, GA
32,331
Population
14,345
Households
2.3
Avg Household Size
33
Median Age
15%
College-Educated
82%
High-School Grad
159.0 sq mi
ZIP Area
203
Density / Sq Mi
$34,846
Median Household Income
$28,878
Median Earnings
$872
Median Rent
$112,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Spa & wellness property - R-P zoned property with six rooms and three bathrooms configured for salon, spa, or professional service use.
Where is this spa & wellness property located?
The property is located at 110 W Adair St Valdosta, GA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 2,262 SF commercial property configured as a turnkey salon and wellness space; Six rooms and three bathrooms; 400 SF detached garage