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Furnished Storefront with Salon Fixtures
For Sale
$149,900

305 South Albany Street, Selma, IN 47383

Downtown storefront with salon equipment, multiple rooms, kitchen and laundry area, and on- and off-street parking.

Property Size7,841 SF
Price / SF$19.12
Days on Market386

Property Features for 305 South Albany Street

General Information

Standard status Active
Size 7,841 SF
Property subtype Commercial / Mixed Use

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $761

Amenities

Central Air
1
No
Carpet, Vinyl
Gas, Forced Air
Slab
Yes
Vinyl
Asphalt
Shingle

Building Details

Year Built 1985
Buildings 1
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Brian VanMatre · License #RB15000833
Source: Compass
Added: Aug 11, 2025 Changed: Aug 30 Last Checked: Aug 30 at 9:08PM

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 Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

This storefront property at 305 South Albany Street in Selma was built in 1985 and is arranged for salon or other compatible commercial use. The interior includes a front room measuring 25' x 16', two additional rooms measuring 9' x 6' each, a bathroom, and a combined kitchen and laundry area. Central air and gas forced-air heating serve the building, which has a slab foundation, carpet and vinyl flooring, and a shingle roof.

The sale includes three stylist chairs and mats, a retail showcase, tanning bed, vending machines, décor, refrigerator, microwave, washer, and dryer. On-site and street parking are available. The property is located in Downtown Selma, providing a finished storefront setting with existing furnishings and flexible interior room configuration.

Key Highlights

  • Downtown Selma storefront at 305 South Albany Street
  • Front room measures 25' x 16' with two additional 9' x 6' rooms
  • Sale includes three stylist chairs and mats, retail showcase, tanning bed, vending machines, and décor

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop HVAC Service Storage Facility Hair Salon (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Downtown storefront with salon equipment, multiple rooms, kitchen and laundry area, and on- and off-street parking.
Where is this storefront property located?
The property is located at 305 South Albany Street Selma, IN.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Downtown Selma storefront at 305 South Albany Street; Front room measures 25' x 16' with two additional 9' x 6' rooms; Sale includes three stylist chairs and mats, retail showcase, tanning bed, vending machines, and décor
More about this property
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