Turn-Key Hair Salon Spa
For Sale
$139,900
305 S Albany Street, Selma, IN 47383
COMMERCIAL, Selma, IN
Property Size800 SF
Lot Size0.18 Acres
Price / SF$174.88
Days on Market282
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: Aug 19
Last Checked: Aug 23 at 12:06PM
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.
Turn-key hair salon spa property currently configured with three stylist stations, a front room, two smaller rooms, a bathroom, and a kitchen/laundry area. The front room measures 25'x16', and there are two additional rooms measuring 9'X6' each that could be combined into a larger room. Central air and carpet and vinyl flooring are in place, and the roof is shingle. On-site amenities include a refrigerator and microwave, washer and dryer, and the sale includes items such as 3 stylist chairs and mats, a retail showcase, a tanning bed, vending machines, and decor.
Located at 305 S Albany Street in downtown Selma, the property offers on and off street parking.
Built in 1985, the 0.18-acre lot provides a self-contained setup suited to a salon or similar personal-care use, with the flexibility to convert to another business type as needs evolve.
Located at 305 S Albany Street in downtown Selma, the property offers on and off street parking.
Built in 1985, the 0.18-acre lot provides a self-contained setup suited to a salon or similar personal-care use, with the flexibility to convert to another business type as needs evolve.
Key Highlights
- 0.18‑acre lot with on and off street parking
- Currently set up with three stylist stations
- Front room 25'x16' plus two rooms at 9'X6' each
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Spa & wellness property - Turn-key hair salon space with central air and off-street parking, plus a shingle roof and carpet/vinyl flooring.
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: 0.18‑acre lot with on and off street parking; Currently set up with three stylist stations; Front room 25'x16' plus two rooms at 9'X6' each
