Salon-Equipped Spa and Wellness
1429 Province Terrace, Menasha, WI 54952
For Sale
New
$669,000
Pending
Existing salon infrastructure includes treatment rooms, styling stations, and dedicated nail space.
Property Size4,767 SF
Days on Market4
Property Features for 1429 Province Terrace
General Information
Standard status
Size
Total Parking Spaces
Zoning
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
fiber optic internet
signage
wheelchair accessibility
All Salon operations equiptment
Public
1.1
No
Assessor
On Site,Paved
Slab
4767
1
Building Details
Building Size
Year Built
Listing Agency:
RE/MAX On The Water
(920) 230-8880
Listed By:
Jess Schulz · License #9059624
(920) 410-7672
Source:
Oshkoshrealty
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 8 at 6:02PM
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 On The Water
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Configured for salon and spa services, this 2006 commercial property in Menasha includes more than 20 styling stations, two private treatment rooms, a separate nail room, and a reception area. The layout also supports booth rental or a hybrid operating model. The property offers 32 on-site parking spaces, fiber-optic internet, signage, and wheelchair accessibility. It is zoned C3 and located minutes from Hwy 441.
Key Highlights
- 20+ styling stations, two private spa/treatment rooms, and a dedicated nail room
- 32 on‑site parking spaces; paved surface
- Fiber‑optic internet and signage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,799
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,980
$916.0K
Cap Rate 7%
$654,271
$654.3K
Cap Rate 9%
$508,878
$508.9K
Market Conditions
NOI Build-Up for 4,767 SF
Gross rent
$71.5K $15.00/SF
− Vacancy
−$6.1K −$1.28/SF
EGI
$65.4K $13.73/SF
− OpEx
−$19.6K −$4.12/SF
NOI
$45.8K $9.61/SF
Area
Winnebago County, WI
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,980
Cap Rate 7%
$654,271
Cap Rate 9%
$508,878
Alternative Uses
Best Use
Retail
$654.3K
$572.5K – $763.3K
NOI $45,799 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$900.3K – $1.20M
NOI $72,022 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
78k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Shops & Services 36%
Dining 10%
Beauty & Spa 2%
Skogen's Festival Foods
Groceries
40,774 visits/mo
0.1 miles
Kwik Trip
Shops & Services
27,952 visits/mo
0.3 miles
Dunkin' Donuts
Dining
7,852 visits/mo
0.2 miles
Great Clips
Beauty & Spa
1,466 visits/mo
0.2 miles
Demographics for 54952, WI
27,216
Population
12,412
Households
2.2
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
969
Density / Sq Mi
$67,280
Median Household Income
$44,765
Median Earnings
$906
Median Rent
$190,000
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 Midwest region
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Existing salon infrastructure includes treatment rooms, styling stations, and dedicated nail space.
Where is this spa & wellness property located?
The property is located at 1429 Province Terrace Menasha, WI.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: 20+ styling stations, two private spa/treatment rooms, and a dedicated nail room; 32 on‑site parking spaces; paved surface; Fiber‑optic internet and signage
