Hair and Nail Beauty
For Sale
Contact for pricing
16 N 13th St Unit 1, Allentown, PA 18102
Operating beauty business with equipment included on the commercial level of a mid-rise apartment property.
Property Size2,214 SF
Price / SF$5.87
Days on Market88
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Property Features for 16 N 13th St Unit 1
General Information
Standard status
Active
Size
2,214 SF
Additional Details
Business Included
Yes
Building Details
Year Built
1900
Listing Agency:
HomeStarr Realty
Listed By:
Juan C. Morales · License #RS319497
(610) 432-6054
Source:
Jennysoldmine
Added: Jul 20
Changed: Oct 11
Last Checked: Oct 7 at 4:44PM
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 HomeStarr Realty
Investment Insights
Based on property information with market context.
This hair and nail beauty business occupies a commercial-level space within a mid-rise apartment property. The offering includes the business along with all equipment, providing an existing setup for continued beauty-service operations. The property contains 2,214 square feet and was built in 1900.
The space is located at 16 N 13th St Unit 1 in Allentown City, Pennsylvania. Its placement within a residential apartment property provides an on-site customer base, while the surrounding area is described as having foot and vehicle traffic. The commercial setting supports visibility to both residents and passersby.
The space is located at 16 N 13th St Unit 1 in Allentown City, Pennsylvania. Its placement within a residential apartment property provides an on-site customer base, while the surrounding area is described as having foot and vehicle traffic. The commercial setting supports visibility to both residents and passersby.
Key Highlights
- 2,214‑square‑foot hair and nail beauty business
- Business sale includes all equipment
- Located on the commercial level of a mid‑rise apartment property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,270
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,400
$545.4K
Cap Rate 7%
$389,571
$389.6K
Cap Rate 9%
$303,000
$303.0K
Market Conditions
NOI Build-Up for 2,214 SF
Gross rent
$41.2K $18.60/SF
− Vacancy
−$2.2K −$1.00/SF
EGI
$39.0K $17.60/SF
− OpEx
−$11.7K −$5.28/SF
NOI
$27.3K $12.32/SF
Area
Allentown, PA
Vacancy
5.40%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,400
Cap Rate 7%
$389,571
Cap Rate 9%
$303,000
Alternative Uses
Best Use
Retail
$389.6K
$340.9K – $454.5K
NOI $27,270 @ 7.0% cap · market cap 209.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$435.0K
$380.6K – $507.5K
NOI $30,447 @ 7.0% cap · market cap 234.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,815
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Home Improvements & Furnishings 3%
Wawa
Shops & Services
28,943 visits/mo
0.5 miles
Sunoco
Shops & Services
12,060 visits/mo
0.2 miles
Sunoco
Shops & Services
8,141 visits/mo
0.5 miles
Clean Rite Center
Shops & Services
3,209 visits/mo
0.2 miles
Truist
Shops & Services
2,830 visits/mo
0.2 miles
Demographics for 18102, PA
51,567
Population
18,788
Households
2.7
Avg Household Size
32
Median Age
11%
College-Educated
76%
High-School Grad
3.0 sq mi
ZIP Area
17,189
Density / Sq Mi
$40,681
Median Household Income
$29,501
Median Earnings
$1,224
Median Rent
$146,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Eastman Acupuncture — 1617 Hamilton St, Allentown, PA 18102
- Dragonfly Yoga & Ayurveda — 1338 Hamilton St, Allentown, PA 18102
- Fernando Chiropractic and Wellness Center — 1244 hamilton st #102, allentown, pa 18102
- NovaCare Rehabilitation - Allentown — 501 N 17th St Suite 101, Allentown, PA 18104
- Tree of Life Acupuncture & Oriental Medicine — 220 N Ninth St, Allentown, PA 18102
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Operating beauty business with equipment included on the commercial level of a mid-rise apartment property.
Where is this spa & wellness property located?
The property is located at 16 N 13th St Unit 1 Allentown, PA.
What are key features of this property?
This property features: 2,214‑square‑foot hair and nail beauty business; Business sale includes all equipment; Located on the commercial level of a mid‑rise apartment property
