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Spa & Wellness Property with Salon Buildout
For Sale
$250,000

201 E Centennial Ave, Muncie, IN 47303

Includes the operating business, building, equipment, and inventory, with parking on both sides.

Property Size1,598 SF
Price / SF$156.45
Days on Market29

Property Features for 201 E Centennial Ave

General Information

Standard status Active
Size 1,598 SF

Additional Details

Business Included Yes

Amenities

attractive front reception and retail area
5 hair styling stations
2 private service rooms
1 lash station
2 shampoo wash basins
dedicated color room
spray tan area
private office
kitchen and bathroom
laundry area
interior and exterior security alarm system
inventory and salon equipment
storage shed
exterior sign

Building Details

Year Built 1925
Listing Agency: RE/MAX Real Estate Groups
Listed By: Tina Coons · License #RB14020128
Source: Callcriswell
Added: Jul 31 Changed: Aug 28 Last Checked: Aug 25 at 4:14AM

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 Real Estate Groups

Investment Insights

Based on property information with market context.

This spa and wellness property includes the salon business and building, with an organized interior designed for multiple beauty services. The layout provides a reception and retail area, five hair styling stations, two private service rooms, one lash station, two shampoo basins, a dedicated color room, spray tan area, private office, kitchen, bathroom, and laundry area. Professional systems support color mixing, appointment scheduling, client records, retail tracking, and service checkout. Salon equipment and inventory are included, along with interior and exterior security alarms, an exterior sign, and a rear storage shed.

Located at 201 E Centennial Ave in Muncie, the property is minutes from Ball State University in Delaware County. Parking is available on both sides of the building. Constructed in 1925, the property offers an established physical setting for a new owner and brand; the current salon name does not transfer.

Key Highlights

  • Includes the salon business, building, professional equipment, and inventory
  • Interior includes 5 hair styling stations, 2 private service rooms, and 1 lash station
  • 2 shampoo wash basins plus dedicated color room and spray tan area

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Storage Facility Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

303
Businesses Nearby
17k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,324 visits/mo 0.5 miles
BP Shops & Services
4,501 visits/mo 0.5 miles
Family Dollar Shops & Services
3,819 visits/mo 0.2 miles
Pantry Shops & Services
2,161 visits/mo 0.5 miles

Demographics for 47303, IN

24,069
Population
11,567
Households
2.1
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
58.0 sq mi
ZIP Area
415
Density / Sq Mi
$42,556
Median Household Income
$22,497
Median Earnings
$883
Median Rent
$106,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Northern Lights Massage 804 W University Ave, Muncie, IN 47303
  • EVOLVE Medical Aesthetics + Wellness 611 E McGalliard Rd, Muncie, IN 47303

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Includes the operating business, building, equipment, and inventory, with parking on both sides.
Where is this spa & wellness property located?
The property is located at 201 E Centennial Ave Muncie, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Includes the salon business, building, professional equipment, and inventory; Interior includes 5 hair styling stations, 2 private service rooms, and 1 lash station; 2 shampoo wash basins plus dedicated color room and spray tan area
More about this property
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