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Mixed-Use Hair Salon Opportunity

402 Carrollton St Temple, GA 30179

402 Carrollton St, Temple, GA, 30179
$685,000
For Sale
$685,000

Mixed-use zoned commercial building operated as a long-established hair salon, with reception, waiting, and multiple treatment areas.

Property Size1,576 SF
Lot Size0.44 Acres
Price / SF$434.64
Days on Market68

Property Features for 402 Carrollton St

General Information

Standard status
Active
Size
1,576 SF
Lot size
0.44 Acres
Listing agency Platinum Real Estate Solutions
Listed by Crystal Payne · License #362740
Source Exprealty
Added: May 16 Updated: Jul 22 at 3:06PM Checked: Jul 22 at 3:06PM

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 Platinum Real Estate Solutions


Investment Insights

Based on property information with market context.

This property is a commercial building currently operating as a hair salon. The interior includes a reception area, spacious waiting room, two large separated salon areas with four styling stations total, a two-fixture public restroom, a color/storage room, breakroom, private office, and a full bath with a laundry area. Interior upgrades include updated laminate flooring, newer windows, and energy-efficient LED lighting throughout.

The site is zoned Mixed Use OI and is located on Highway 113, approximately 0.5 miles from Interstate 20. The property is surrounded by established businesses including Ingles, AutoZone, Bojangles, Zaxby's, and others, supporting a convenient, consumer-facing setting.

Exterior features include landscaping, signage, fencing with double gates, and concrete parking and drives in good condition. Parking is provided for approximately 10 vehicles, including a designated handicapped space. Additional improvements include a 12x18 wired outbuilding with 120V/220V power, heat and air, a 12x24 storage shed, and a crush run area for potential parking expansion. Sold as-is; business is not included in the sale.

Key Highlights

  • Approximately 0.44‑acre commercial property on Highway 113, about 0.5 miles from Interstate 20, with surrounding retail and service businesses.
  • Zoned Mixed Use OI and designed for owner‑users and investors; current use is a long‑established hair salon.
  • Building layout includes reception area, spacious waiting room, two separated salon areas with 4 styling stations total, private office, breakroom, and full bath with laundry area.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $42.6k $27.00
− Vacancy −$4.5k −$2.84
EGI $38.1k $24.17
− OpEx −$15.2k −$9.67
NOI $22.9k $14.50
1,576 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$326.4K
$285.6K – $380.8K (±1% cap)
NOI $22,850 @ 7.0% cap · market cap 3.34%
Second Best
Office B
$301.5K
$263.8K – $351.7K (±1% cap)
NOI $21,104 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$440.6K
$385.5K – $514.0K (±1% cap)
NOI $30,839 @ 7.0% cap · market cap 4.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Scissorhands Salon Hair Salon

Suggested Use

HVAC Service Electrical Service Law Firm Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Spa & wellness property - Mixed-use zoned commercial building operated as a long-established hair salon, with reception, waiting, and multiple treatment areas.
Where is this spa & wellness property located?
The property is located at 402 Carrollton St Temple, GA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Approximately 0.44‑acre commercial property on Highway 113, about 0.5 miles from Interstate 20, with surrounding retail and service businesses.; Zoned Mixed Use OI and designed for owner‑users and investors; current use is a long‑established hair salon.; Building layout includes reception area, spacious waiting room, two separated salon areas with 4 styling stations total, private office, breakroom, and full bath with laundry area.
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