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Spa & Wellness Property
For Sale
$239,900

201 E Centennial Avenue, Muncie, IN 47303

COMMERCIAL, Muncie, IN

Property SizeContact for details
Lot Size0.28 Acres
Days on Market167

Property Features for 201 E Centennial Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Small Detached retail less than 10, 000sf
Parking features Off Street
Lot features City, Near College Campus
Directions Walnut to Centennial then left to property
Subdivision Delaware County
Standard status Active
APN 181103353028000003
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Northview Lot 6 Northview Add E 73 Ft Lot 1 Northview W W HLF Lot 7
Tax Annual Amount 2181
Legal Description Northview Lot 6 Northview Add E 73 Ft Lot 1 Northview W W HLF Lot 7

Utilities

Cooling system Central Air

Amenities

security alarm system
storage shed
exterior sign

Building Details

Year built 1925
Flooring type Vinyl
Roof type Shingle
Listing Agency: RE/MAX Real Estate Groups · RE/MAX International
Listed By: Tina Coons · License #RB14020128
Added: Mar 9 Changed: Aug 19 Last Checked: Aug 22 at 2:06PM
MLS# 202607681

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This spa & wellness property is being offered as a turnkey, fully operational salon, including both the business and the building. The interior is arranged for multiple services and efficient day-to-day operations, with a front reception and retail area plus 5 hair styling stations. Salon service rooms include 2 private service rooms and 1 lash station, supported by 2 shampoo wash basins. Additional dedicated areas include a color room, spray tan area, and a separate office, along with a kitchen, bathroom, and laundry area.

Equipment and systems are in place to support service operations, including color-mixing, appointment scheduling, client records, retail tracking, and service checkout. An interior and exterior security alarm system is included, and the sale includes inventory and salon equipment.

The property features vinyl flooring, central air conditioning, a shingle roof, and off-street parking, with parking available on both sides of the building. A storage shed is located behind the building, and an exterior sign is already installed. The building was constructed in 1925 and sits on a 0.28-acre lot.

Key Highlights

  • Turnkey salon offer includes both business and building; current salon name will not transfer
  • 5 hair styling stations plus 2 private service rooms and 1 lash station
  • 2 shampoo wash basins, 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
Balanced
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Turnkey, fully operational salon with central air and off-street parking on both sides of the building.
Where is this spa & wellness property located?
The property is located at 201 E Centennial Avenue Muncie, IN.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Turnkey salon offer includes both business and building; current salon name will not transfer; 5 hair styling stations plus 2 private service rooms and 1 lash station; 2 shampoo wash basins, dedicated color room, and spray tan area
More about this property
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