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Move-in Ready Salon or Retail

2504 Veterans Memorial Pkwy S, Lafayette, IN

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For Sale

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Well-maintained salon suite adaptable for retail or service uses.

Type:RETAIL

Property size:

2,817 SF

Lot size:

0.16 Acres

Price / SF:

$154/SF

HighLights

Move‑in ready condition for salon operators or adaptable for other retail/service uses.
12 fully equipped hair stations included.
Plumbing and ventilation already in place for 3 pedicure chairs and plumbing for 3 shampoo bowls.
Includes 3 nail stations.
Features 5 private rooms, 2 with existing plumbing.
Equipped with 2 ADA‑compliant restrooms.

We can help!

Listing Contact

Bri Powell

For Sale

Contact for pricing

Well-maintained salon suite adaptable for retail or service uses.

Type:RETAIL

Property size:

2,817 SF

Lot size:

0.16 Acres

Price / SF:

$154/SF

Added:: Sep 4, 2025
Days on Market:: 280
Last Refresh:: May 20 at 9:16 pm

Property Features for 2504 Veterans Memorial Pkwy S

General Information

Standard status: Active
Size: 2,817 SF
Lot size: 0.16 Acres
Property subtype: RETAIL

Properties For Sale

at 2504 Veterans Memorial Pkwy S Contact us

We can help!

Listing Contact

Bri Powell

Listing agent Bri Powell

Listing office TruVant Realty

Listing date Sep 4, 2025

Source Moodyscre

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 TruVant Realty

HighLights

Move‑in ready condition for salon operators or adaptable for other retail/service uses.
12 fully equipped hair stations included.
Plumbing and ventilation already in place for 3 pedicure chairs and plumbing for 3 shampoo bowls.
Includes 3 nail stations.
Features 5 private rooms, 2 with existing plumbing.
Equipped with 2 ADA‑compliant restrooms.

Overview

This well-maintained 2,817-square-foot suite, formerly a full-service salon, is suitable for a salon operator or adaptable for various retail or service uses. The property features 12 fully equipped hair stations, 3 nail stations, and plumbing and ventilation for 3 pedicure chairs. It also includes plumbing for 3 shampoo bowls, a breakroom with washer and dryer hookups, and 2 ADA-compliant restrooms. The suite has 5 private rooms, 2 of which have plumbing in place. This property offers exceptional value and a functional buildout for a salon, spa, or wellness center, and it can be converted for other retail or service purposes.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$42.3k	$15.00
− Vacancy	−$1.9k	−$0.66
EGI	$40.4k	$14.34
− OpEx	−$12.1k	−$4.30
NOI	$28.3k	$10.04

2,817 SF · lease $15.00/SF/yr · vacancy 4.40% · expense 30.00%

Alternative Uses

Best Use

Retail

$404.0K

$353.5K – $471.3K (±1% cap)

NOI $28,277 @ 7.0% cap · market cap 6.50%

Second Best

—

no second resolved use

Theoretical Best

Office A

$650.4K

$569.1K – $758.8K (±1% cap)

NOI $45,526 @ 7.0% cap · market cap 10.47%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Nails By Deziree Hair Salon Brows by Dez Medical Clinic Andrea Staley Skin ... Spa & Massage Center Candoor Payroll & HCM Accounting Firm The Back-Porch Salon Hair Salon

Suggested Use

Location Insight

Map
Local Demand

City: Lafayette
County: Tippecanoe
State: Indiana
Longitude: -86.8671
Latitude: 40.3677

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For sale
Retail space
IN
Lafayette
2504 Veterans Memorial Pkwy S

What type of property is this?

Retail space - Well-maintained salon suite adaptable for retail or service uses.

Where is this retail space located?

The property is located at 2504 Veterans Memorial Pkwy S Lafayette, IN.

What is the asking price?

The asking price for this property is $435,000.

What are key features of this property?

This property features: Move‑in ready condition for salon operators or adaptable for other retail/service uses.; **12 fully equipped hair stations included.**; Plumbing and ventilation already in place for 3 pedicure chairs and plumbing for 3 shampoo bowls.

2504 Veterans Memorial Pkwy S, Lafayette, IN

Well-maintained salon suite adaptable for retail or service uses.

Property Features for 2504 Veterans Memorial Pkwy S

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Brick Ranch Duplex With Attached Garages

Historic Duplex with Separate Utilities

Flexible Office/Retail Condominium Suite

Lafayette Fiveplex in Historic Neighborhood

Victorian Triplex Near Downtown Lafayette

Six-Unit Investment Property Opportunity

Lafayette Duplex Near Columbian Park

East Side Office Space Available

Office Building with Private Offices

Multi-Tenant Commercial Building For Sale

Downtown Lafayette Historic District Building

High-Visibility Corner Office Building

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