Spa & Wellness Property with Salon
For Sale
$139,900
305 S Albany Street, Selma, IN 47383
COMMERCIAL, Selma, IN
Property SizeContact for details
Lot Size0.18 Acres
Days on Market315
Property Features for 305 S Albany Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Off Street
Lot features
City
Directions
GPS Friendly
Subdivision
Delaware County
Standard status
Active
APN
18-12-15-108-017.000-011
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
SELMA PT LOT 1 & 3.5' VAC ST ADJ 77X78 0.0000Acres STR: 152011 IN: OUT
Tax Annual Amount
837
Legal Description
SELMA PT LOT 1 & 3.5' VAC ST ADJ 77X78 0.0000Acres STR: 152011 IN: OUT
Utilities
Cooling system
Central Air
Building Details
Year built
1985
Flooring type
Vinyl, Carpet
Roof type
Shingle
Listing Agency:
Coldwell Banker Real Estate Group
(765) 289-2228
Listed By:
Brian VanMatre · License #RB15000833
(765) 748-0557
Added: Nov 14, 2025
Changed: Sep 13
Last Checked: Sep 25 at 5:06PM
MLS# 202545990
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 and wellness property is configured as a furnished hair salon with 3 stylist stations, a retail display case, tanning bed, vending machines, chairs, mats, and décor. The primary 25-by-16-foot room combines service and waiting areas, while two additional 9-by-6-foot rooms provide separate spaces. A bathroom and kitchen/laundry area complete the interior, with a refrigerator, microwave, washer, and dryer included. Vinyl and carpet flooring, central air, and a shingle roof are also in place.
The property sits in Downtown Selma at 305 S Albany Street and includes both on-site off-street parking and on-street parking. Built in 1985, the building offers an established salon configuration with furnishings and equipment conveyed as part of the sale.
The property sits in Downtown Selma at 305 S Albany Street and includes both on-site off-street parking and on-street parking. Built in 1985, the building offers an established salon configuration with furnishings and equipment conveyed as part of the sale.
Key Highlights
- Furnished hair salon with 3 stylist stations
- Primary salon and waiting room measures 25' x 16'
- Two additional rooms measure 9' x 6' each
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Pizza King
Dining
1,816 visits/mo
0.2 miles
Demographics for 47383, IN
2,724
Population
1,039
Households
2.6
Avg Household Size
46
Median Age
20%
College-Educated
93%
High-School Grad
31.9 sq mi
ZIP Area
85
Density / Sq Mi
$59,700
Median Household Income
$38,618
Median Earnings
$928
Median Rent
$128,400
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Spa & wellness property - Furnished salon layout includes treatment rooms, a restroom, and a combined kitchen and laundry area.
Where is this spa & wellness property located?
The property is located at 305 S Albany Street Selma, IN.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Furnished hair salon with 3 stylist stations; Primary salon and waiting room measures 25' x 16'; Two additional rooms measure 9' x 6' each
