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Retail Salon Storefront
For Lease
$425,000

217 1st Street North, Alabaster, AL 35007

Long-term salon tenant in place with private parking, Highway frontage, and recent exterior updates including a new roof.

Space SizeContact for details
Property Size3,800 SF
Days on Market93

Property Features for 217 1st Street North

General Information

Standard status Active
Size 3,800 SF
Property subtype Retail

Building Details

Building Size 3,800 SF
Listed By: Seth Berry, SIOR
Source: Shanwalt
Added: Jun 25 Changed: Sep 9 Last Checked: Sep 24 at 7:40AM

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 Seth Berry, SIOR

Investment Insights

Based on property information with market context.

This leased retail storefront is set up for a salon tenant, with Salon 5 operating in place for over 20 years. The property offers private parking and includes exterior improvements such as a new roof and a front deck, supporting a well-maintained street-facing presence.

Located in the heart of the Medical Mile in Alabaster, the space benefits from frontage on Highway 31, providing visibility to passing traffic. The configuration and amenities are geared toward customer access, with private parking available for visitors and staff.

For tenants or operators seeking a ready-to-occupy retail environment, the property’s established salon use and long-term in-place operation may align with businesses looking for continuity. Prospective tenants should review the current salon setup, lease terms, and occupancy details directly with the listing broker to confirm fit with their intended use and operating requirements.

Key Highlights

  • Salon 5 with a long‑term tenant in place for over 20 years
  • Located in the Medical Mile on Highway 31
  • Highway 31 frontage with excellent visibility

Property Analytics

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Current Use

Salon 5 Hair Salon Fairview Heating & Air ... Hardware & Home Improvement

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

875
Businesses Nearby
Balanced
Demand for This Use

Demographics for 35007, AL

28,274
Population
10,634
Households
2.7
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
39.0 sq mi
ZIP Area
725
Density / Sq Mi
$86,994
Median Household Income
$47,572
Median Earnings
$1,348
Median Rent
$231,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Alabaster Florist And Gifts — 117 1st St N, Alabaster, AL 35007
  • Donnas Beautiful Buds — 1131 1st St N, Alabaster, AL 35007

Frequently Asked Questions

What type of property is this?
Storefront property - Long-term salon tenant in place with private parking, Highway frontage, and recent exterior updates including a new roof.
Where is this storefront property located?
The property is located at 217 1st Street North Alabaster, AL.
What is the lease rate?
The lease rate is $425,000.
What are key features of this property?
This property features: Salon 5 with a long‑term tenant in place for over 20 years; Located in the Medical Mile on Highway 31; Highway 31 frontage with excellent visibility
More about this property
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