Equipped Salon Retail
27 E MAIN Street, Treynor, IA 51575
For Sale
New
$180,000
Commercial Sale, TREYNOR, IA
Property Size719 SF
Price / SF$250.35
Days on Market1
Property Features for 27 E MAIN Street
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Size
Additional Details
Business Included
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Utilities
Heating system
Cooling system
Building Details
Year built
Roof type
Listing Agency:
Menke Auction & Realty
Listed By:
Byron Menke · License IA B40399
(712) 487-3542
Added: Nov 10
Last Checked: Nov 10 at 2:06PM
MLS# 26-2462
Copyright © 2026 Southwest Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 719-square-foot retail property at 27 E Main Street is configured as a salon and is offered with equipment, inventory, and a client list of more than 120 customers. The setup includes three stations, two fitted with sinks, two dryer chairs, a hydraulic chair, a reception desk, cabinetry, and décor. Natural gas heat and central air serve the space.
The building dates to 1920. Its windows were replaced in 2022, and the roof was replaced in 2017. The salon has operated at this Highway 92 location for 45 years.
The building dates to 1920. Its windows were replaced in 2022, and the roof was replaced in 2017. The salon has operated at this Highway 92 location for 45 years.
Key Highlights
- 719‑square‑foot salon property with equipment, inventory, and a client list of over 120 customers
- Three stations, including two with sinks, plus two dryer chairs and a hydraulic chair
- Reception desk, cabinetry, and décor included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,134
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$142,680
$142.7K
Cap Rate 7%
$101,914
$101.9K
Cap Rate 9%
$79,267
$79.3K
Market Conditions
NOI Build-Up for 719 SF
Gross rent
$11.1K $15.48/SF
− Vacancy
−$939 −$1.31/SF
EGI
$10.2K $14.17/SF
− OpEx
−$3.1K −$4.25/SF
NOI
$7.1K $9.92/SF
Area
Pottawattamie County, IA
Vacancy
8.44%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$142,680
Cap Rate 7%
$101,914
Cap Rate 9%
$79,267
Alternative Uses
Best Use
Retail
$101.9K
$89.2K – $118.9K
NOI $7,134 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$137.3K
$120.2K – $160.2K
NOI $9,612 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Casey's General Store
Shops & Services
9,763 visits/mo
0.3 miles
Dollar General
Shops & Services
3,622 visits/mo
0.2 miles
Demographics for 51575, IA
1,738
Population
671
Households
2.6
Avg Household Size
41
Median Age
37%
College-Educated
99%
High-School Grad
47.8 sq mi
ZIP Area
36
Density / Sq Mi
$117,803
Median Household Income
$70,128
Median Earnings
$1,120
Median Rent
$279,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Salon fixtures and equipment are included with the property, along with an established client list.
Where is this retail space located?
The property is located at 27 E MAIN Street Treynor, IA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 719‑square‑foot salon property with equipment, inventory, and a client list of over 120 customers; Three stations, including two with sinks, plus two dryer chairs and a hydraulic chair; Reception desk, cabinetry, and décor included
