Hair Salon Commercial
25835-25837 Jefferson Avenue Unit SourceFi Saint Clair Shores, MI 48081
For Sale
$175,000
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 Market105
Property Features for 25835-25837 Jefferson Avenue Unit SourceFi
General Information
- Standard status
- Active
- Size
- 1,098 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1962
Listing Agency:
(586) 610-0337
Listed By:
Realteam Real Estate
(586) 610-0337
Source:
Xome
Added: Apr 13
Changed: Jul 25
Last Checked: Jul 25 at 12:34PM
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.2k | $12.00 |
| − Vacancy | −$1.6k | −$1.44 |
| EGI | $11.6k | $10.56 |
| − OpEx | −$3.5k | −$3.17 |
| NOI | $8.1k | $7.39 |
1,098 SF · lease $12.00/SF/yr · vacancy 12.00% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Spa & wellness properties
Similar Off Market Nearby
- Deerbrush Wellness Collective, LLC — 26030 Harper Ave, St Clair Shores, MI 48081
FAQs
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 Avenue Unit SourceFi 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
