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Corner Spa and Wellness Property
New
For Sale
$89,900

340 S Main St, Montpelier, IN 47359

Configured salon space with styling, wash, massage, and manicure/pedicure areas plus an attached garage.

Property Size1,192 SF
Price / SF$75.42
Days on Market1

Property Features for 340 S Main St

General Information

Standard status Active
Size 1,192 SF

Additional Details

Business Included Yes
Corner Location Yes

Building Details

Year Built 1985
Listing Agency: RE/MAX Real Estate Groups
Listed By: Tina Coons · License #RB14020128
Source: Callcriswell
Added: Sep 7 Last Checked: Sep 7 at 3:23PM

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 RE/MAX Real Estate Groups

Investment Insights

Based on property information with market context.

This 1,192-square-foot spa and wellness property is configured for salon and personal-care operations. The interior includes 3 styling stations, 2 wash stations, a private massage room, and a separate manicure/pedicure room. An attached garage adds storage or workspace, while the low-maintenance exterior supports straightforward upkeep.

The property occupies a corner lot along S Main St in Montpelier, with convenient access and spacious parking. Its current layout accommodates multiple beauty and wellness work areas under one roof, offering flexibility for continued salon use or an independently operated service concept. Built in 1985, the property provides an established commercial setting with dedicated rooms and functional support space.

Key Highlights

  • 1,192‑square‑foot spa and wellness property in Montpelier
  • 3 styling stations and 2 wash stations
  • Private massage room and dedicated manicure/pedicure room

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Building Supply HVAC Service Real Estate Agency Dental Office Plumbing Service Auto Parts Store

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

148
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47359, IN

2,744
Population
1,530
Households
1.8
Avg Household Size
43
Median Age
7%
College-Educated
90%
High-School Grad
56.9 sq mi
ZIP Area
48
Density / Sq Mi
$67,308
Median Household Income
$35,975
Median Earnings
$727
Median Rent
$112,400
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
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - Configured salon space with styling, wash, massage, and manicure/pedicure areas plus an attached garage.
Where is this spa & wellness property located?
The property is located at 340 S Main St Montpelier, IN.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: 1,192‑square‑foot spa and wellness property in Montpelier; 3 styling stations and 2 wash stations; Private massage room and dedicated manicure/pedicure room
More about this property
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