Built-Out Salon
For Sale
$459,000
153 N High Street, Gahanna, OH 43230
Configured personal-care space with reception, plumbed stations, rear flex area, and parking options.
Property Size1,793 SF
Price / SF$255
Days on Market49
Property Features for 153 N High Street
General Information
Standard status
Active
Size
1,793 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$7,980
Amenities
reception/waiting area
5 fully plumbed and equipped stations
climate-controlled flex space
Building Details
Building Size
1,793 SF
Year Built
1953
Listing Agency:
RE/MAX Town Center
Listed By:
Brian B Phillips · License #354681
(740) 973-0350
Source:
Camtaylor
Added: Sep 3
Changed: Oct 9
Last Checked: Oct 19 at 12:45PM
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 Town Center
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Investment Insights
Based on property information with market context.
This 1,793-square-foot storefront at 153 N High St in Gahanna is configured for salon or barbershop use, with a reception and waiting area, five plumbed stations, and fixtures that may remain with the property. The existing operating business is not included in the sale. A climate-controlled rear area of approximately 500 square feet provides additional space for complementary retail, studio, gallery, or related use. Parking is available along the street in front, with additional spaces behind the property.
Capital improvements include plumbing completed in 2017; the roof, water heater, rear deck, and gas fireplace or lantern restoration completed in 2018; the detached garage roof completed in 2021; the front door completed in 2022; and the HVAC system completed in 2023. Built in 1953, the property combines an established storefront configuration with updated building systems and supporting improvements.
Capital improvements include plumbing completed in 2017; the roof, water heater, rear deck, and gas fireplace or lantern restoration completed in 2018; the detached garage roof completed in 2021; the front door completed in 2022; and the HVAC system completed in 2023. Built in 1953, the property combines an established storefront configuration with updated building systems and supporting improvements.
Key Highlights
- 1,793‑square‑foot storefront at 153 N High St, Gahanna, OH 43230
- Five‑station salon or barbershop configuration with plumbed stations
- Approximately 500+/- square feet of climate‑controlled rear flex space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,833
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,660
$416.7K
Cap Rate 7%
$297,614
$297.6K
Cap Rate 9%
$231,478
$231.5K
Market Conditions
NOI Build-Up for 1,793 SF
Gross rent
$39.2K $21.84/SF
− Vacancy
−$9.4K −$5.24/SF
EGI
$29.8K $16.60/SF
− OpEx
−$8.9K −$4.98/SF
NOI
$20.8K $11.62/SF
Area
ZIP 43230
Vacancy
24.00%
Lease Rate
$21.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,660
Cap Rate 7%
$297,614
Cap Rate 9%
$231,478
Alternative Uses
Best Use
Retail
$297.6K
$260.4K – $347.2K
NOI $20,833 @ 7.0% cap · market cap 4.54%
Second Best
Industrial
$269.9K
$236.2K – $314.9K
NOI $18,894 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$340.1K
$297.6K – $396.8K
NOI $23,809 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
928
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43230, OH
58,372
Population
26,170
Households
2.2
Avg Household Size
37
Median Age
50%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
2,861
Density / Sq Mi
$92,271
Median Household Income
$53,832
Median Earnings
$1,407
Median Rent
$282,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Kroger Floral — Gahanna, OH 43230
- Rees Flowers & Fine Gifts — 249 Lincoln Cir, Gahanna, OH 43230
- Rees Flowers & Gifts, Inc. — 249 lincoln cir, gahanna, oh 43230
Frequently Asked Questions
What type of property is this?
Storefront property - Configured personal-care space with reception, plumbed stations, rear flex area, and parking options.
Where is this storefront property located?
The property is located at 153 N High Street Gahanna, OH.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: 1,793‑square‑foot storefront at 153 N High St, Gahanna, OH 43230; Five‑station salon or barbershop configuration with plumbed stations; Approximately 500+/- square feet of climate‑controlled rear flex space
