Salon Property with Detached
New
For Sale
$335,000
318 5th Street New, New Cumberland, PA 17070
Existing salon fixtures and equipment remain, with additional finished space below the main level.
Property Size1,702 SF
Price / SF$196.83
Days on Market2
Property Features for 318 5th Street New
General Information
Standard status
Active
Size
1,702 SF
Property subtype
Freestanding
Amenities
detached garage
Building Details
Buildings
2
Listed By:
Caitlyn Courtney
Source:
Bennettwilliams
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:01AM
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 Caitlyn Courtney
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Investment Insights
Based on property information with market context.
At 318 5th Street in New Cumberland, this salon property has approximately 1,702 square feet on the main floor and a finished lower level. Fixtures and equipment from its Aveda salon use remain in place. The building may also suit personal services, retail, or office use.
A separate garage provides covered owner parking or storage.
A separate garage provides covered owner parking or storage.
Key Highlights
- Approximately 1,702 square feet on the main level
- Finished lower‑level space
- Salon fixtures and equipment remain in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,384
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,680
$327.7K
Cap Rate 7%
$234,057
$234.1K
Cap Rate 9%
$182,044
$182.0K
Market Conditions
NOI Build-Up for 1,702 SF
Gross rent
$24.5K $14.40/SF
− Vacancy
−$1.1K −$0.65/SF
EGI
$23.4K $13.75/SF
− OpEx
−$7.0K −$4.13/SF
NOI
$16.4K $9.63/SF
Area
Cumberland County, PA
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,680
Cap Rate 7%
$234,057
Cap Rate 9%
$182,044
Alternative Uses
Best Use
Retail
$234.1K
$204.8K – $273.1K
NOI $16,384 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$395.4K
$345.9K – $461.3K
NOI $27,675 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 17070, PA
16,359
Population
7,487
Households
2.2
Avg Household Size
43
Median Age
36%
College-Educated
94%
High-School Grad
14.6 sq mi
ZIP Area
1,120
Density / Sq Mi
$91,100
Median Household Income
$52,207
Median Earnings
$1,046
Median Rent
$240,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Linh Chau — 221 Bridge St, New Cumberland, PA 170702127
- Intuitive Bodywork Massage Therapy — 337 Bridge St 2nd floor, New Cumberland, PA 17070
- Select Physical Therapy - New Cumberland — 503 Bridge St Suite 110, New Cumberland, PA 17070
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Existing salon fixtures and equipment remain, with additional finished space below the main level.
Where is this spa & wellness property located?
The property is located at 318 5th Street New New Cumberland, PA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Approximately 1,702 square feet on the main level; Finished lower‑level space; Salon fixtures and equipment remain in place
