Hair Salon Commercial
For Sale
$175,000
25835-25837 Jefferson Ave, Saint Clair Shores, MI 48081
Well-maintained commercial building with a functional layout currently operating as a hair salon in a high-traffic area.
Property Size1,098 SF
Price / SF$159.38
Days on Market120
Property Features for 25835-25837 Jefferson Ave
General Information
Standard status
Active
Size
1,098 SF
Property subtype
Industrial
Amenities
3
Building Details
Year Built
1962
Listing Agency:
(586) 610-0337
Listed By:
Realteam Real Estate
(586) 610-0337
Source:
Xome
Added: Apr 14
Changed: Aug 8
Last Checked: Aug 11 at 5:47AM
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 Realteam Real Estate
Investment Insights
Based on property information with market context.
This well-maintained commercial building is currently operating as a hair salon and offers a functional layout that can support a range of business uses. The property is suited for retail, office, or service-based operations, making it a workable option for an owner-user or an investor.
The building is located on Jefferson Avenue in St. Clair Shores, in a high-traffic area with convenient access to major roads. Its visibility and accessibility are positioned to serve both clients and customers.
For sale as a storefront-style commercial asset, the property includes a configuration already in place for salon operations while remaining adaptable for other service or office concepts.
The building is located on Jefferson Avenue in St. Clair Shores, in a high-traffic area with convenient access to major roads. Its visibility and accessibility are positioned to serve both clients and customers.
For sale as a storefront-style commercial asset, the property includes a configuration already in place for salon operations while remaining adaptable for other service or office concepts.
Key Highlights
- Well‑maintained commercial building in St. Clair Shores, currently operating as a hair salon
- Functional layout suited for retail, office, or service‑based business uses
- Year built: 1962
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,116
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$162,320
$162.3K
Cap Rate 7%
$115,943
$115.9K
Cap Rate 9%
$90,178
$90.2K
Market Conditions
NOI Build-Up for 1,098 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$13.2K $12.00/SF
− Vacancy
−$1.6K −$1.44/SF
EGI
$11.6K $10.56/SF
− OpEx
−$3.5K −$3.17/SF
NOI
$8.1K $7.39/SF
Area
Macomb County, MI
Vacancy
12.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$162,320
Cap Rate 7%
$115,943
Cap Rate 9%
$90,178
Alternative Uses
Best Use
Retail
$115.9K
$101.5K – $135.3K
NOI $8,116 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$205.6K
$179.9K – $239.8K
NOI $14,389 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48081, MI
20,496
Population
9,669
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
95%
High-School Grad
3.9 sq mi
ZIP Area
5,255
Density / Sq Mi
$75,735
Median Household Income
$51,140
Median Earnings
$1,272
Median Rent
$202,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Deerbrush Wellness Collective, LLC — 26030 Harper Ave, St Clair Shores, MI 48081
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Well-maintained commercial building with a functional layout currently operating as a hair salon in a high-traffic area.
Where is this spa & wellness property located?
The property is located at 25835-25837 Jefferson Ave Saint Clair Shores, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Well‑maintained commercial building in St. Clair Shores, currently operating as a hair salon; Functional layout suited for retail, office, or service‑based business uses; Year built: 1962
