Established Hair Salon For
6562 Lake Road Windsor, WI 53598
6562 Lake Road, Windsor, WI, 53598
$295,000
For Sale
$295,000
Turnkey hair salon with loyal clientele and prime location.
Property Size1,200 SF
Lot Size1.64 Acres
Price / SF$245.83
Days on Market908
Property Features for 6562 Lake Road
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Lot size
- 1.64 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1978
Listing Agency
RE/MAX Preferred
(608) 617-2727
Listed by
Scott Schroeder · License #59137-90
(608) 617-2727
Source
Exitrealty
Added: Jan 25, 2024 Updated: Jul 10 at 1:03 pm Checked: Jul 20 at 3:35 am
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 RE/MAX Preferred
Investment Insights
Based on property information with market context.
The Premier of Windsor, Suite #4, is available for purchase. This established hair salon, operating for over 40 years, benefits from a substantial customer base. Situated in the Lake Windsor Center Commercial Condominium Complex, the property offers convenient access from multiple directions. The space measures just over 1,200 square feet and is configured for salon operations, including 6 cutting chairs, 3 coloring stations, and a manicure station. On-site laundry facilities, storage, and a public restroom are available. The sale includes all inventory, equipment, and supplies necessary for business operations. The seller is willing to assist with the transition post-closing. The space could also accommodate an entirely different business. The property features an outdoor setting with a back patio and views of wildlife and a large pond. The condo fee is $137 per month.
Key Highlights
- Established hair salon with a 40+ year operating history and large customer base.
- Includes all inventory, equipment, and supplies needed to run the business.
- Seller willing to assist with transition after closing.
Local Financial Insights For Retail
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 | $18.0k | $15.00 |
| − Vacancy | −$1.6k | −$1.31 |
| EGI | $16.4k | $13.70 |
| − OpEx | −$4.9k | −$4.11 |
| NOI | $11.5k | $9.59 |
1,200 SF · lease $15.00/SF/yr · vacancy 8.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$164.3K
$143.8K – $191.7K
NOI $11,504 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$278.9K
$244.0K – $325.3K
NOI $19,520 @ 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
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Turnkey hair salon with loyal clientele and prime location.
Where is this retail space located?
The property is located at 6562 Lake Road Windsor, WI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Established hair salon with a 40+ year operating history and large customer base.; Includes all inventory, equipment, and supplies needed to run the business.; Seller willing to assist with transition after closing.
