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Spa & Wellness Property with Salon Layout
New
For Sale
$89,900

340 S Main Street, Montpelier, IN 47359

COMMERCIAL, Montpelier, IN

Property SizeContact for details
Lot Size0.05 Acres
Days on Market5

Property Features for 340 S Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description small business retail
Lot features City
Directions SR 3 North thru HC to SR 18, east to Montpelier to Main Street, south to property.
Subdivision Blackford County
Standard status Active
APN 05-02-09-101-012.000-002
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description O P FR LOT 9 BLK 14 20-3/4'X82-1/2 - 340 S. MAIN O P FR LOT 9 BLK 14 18'X82-1/2'
Tax Annual Amount 798
Legal Description O P FR LOT 9 BLK 14 20-3/4'X82-1/2 - 340 S. MAIN O P FR LOT 9 BLK 14 18'X82-1/2'

Utilities

Cooling system Central Air

Building Details

Year built 1985
Flooring type Vinyl
Roof type Metal
Listing Agency: RE/MAX Real Estate Groups · RE/MAX International
Listed By: Tina Coons · License #RB14020128
Added: Aug 27 Changed: Aug 28 Last Checked: Aug 31 at 5:06AM
MLS# 202635572

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 at 340 S Main Street in Montpelier, Indiana, is arranged 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 on-site parking supports customer and operator access.

The property occupies a 0.05-acre corner lot along a main road in Montpelier. Built in 1985, the building features a metal roof, vinyl flooring, and central air conditioning. Its existing room arrangement provides distinct areas for hair, massage, and nail services within one commercial location.

Key Highlights

  • Salon layout with 3 styling stations and 2 wash stations
  • Private massage room and dedicated manicure/pedicure room
  • Attached garage for storage or additional workspace

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 with styling, wash, massage, and manicure-pedicure areas.
Where is this spa & wellness property located?
The property is located at 340 S Main Street 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: Salon layout with 3 styling stations and 2 wash stations; Private massage room and dedicated manicure/pedicure room; Attached garage for storage or additional workspace
More about this property
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