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Tanning Salon with 24-Hour Access
For Sale
$219,000

405 2nd Street, Coralville, IA 52241

COMMERCIAL - Coralville, IA

Property SizeContact for details
Lot Size0.02 Acres
Days on Market123

Property Features for 405 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Directions CORALVILLE STRIP. ( 2nd Street ) Across from Dunkin' Donuts on the Coralville Strip.
Subdivision Coralville
Standard status Active
Lot size 0.02 Acres

Utilities

Heating system Central, Natural Gas, Forced Air
Cooling system Central Air

Building Details

Flooring type Vinyl
Listing Agency: RE/MAX Affiliates · RE/MAX International
Listed By: Rex Brandstatter · License #B00277000
Added: Apr 16 Changed: Aug 6 Last Checked: Aug 16 at 7:06PM
MLS# 202602563

Copyright © 2026 Iowa City Area Association of REALTORS®. 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 wellness-oriented commercial property is presented as an operating tanning business at 405 2nd Street in Coralville. The facility provides customers with 24-hour entry through access cards and includes UV tanning beds and a red light therapy bed. Vinyl flooring, central air conditioning, and natural-gas forced-air heating are in place.

The premises also contain 2 salon stations and 2 pedicure stations that are currently not in use. The property is zoned C-2 and occupies 0.023 acres. Its existing equipment, customer-access system, and unused stations provide a defined physical setup for the current tanning operation and its additional salon-related components.

Key Highlights

  • 24‑hour customer access through access cards
  • Includes UV tanning beds and a red light therapy bed
  • 2 salon stations currently not in use

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Grocery & Convenience Store HVAC Service Building Supply Storage Facility (Bike/Boat/Book/etc) Store Garden Center

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

852
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 47% Beauty & Spa 3%
Kum & Go Shops & Services
20,963 visits/mo 0.4 miles
Dunkin' Donuts Dining
11,554 visits/mo 0.1 miles
Hardee's Dining
10,121 visits/mo 0.5 miles
Applebee's Dining
8,269 visits/mo 0.4 miles
Wells Fargo Shops & Services
4,076 visits/mo 0.2 miles

Demographics for 52241, IA

22,319
Population
10,294
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
95%
High-School Grad
13.5 sq mi
ZIP Area
1,653
Density / Sq Mi
$66,508
Median Household Income
$40,504
Median Earnings
$1,021
Median Rent
$286,000
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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Similar Off Market Nearby

  • The Recenter 1100 5th St, Coralville, IA 52241

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Includes UV beds, a red light therapy bed, and additional salon and pedicure stations.
Where is this spa & wellness property located?
The property is located at 405 2nd Street Coralville, IA.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 24‑hour customer access through access cards; Includes UV tanning beds and a red light therapy bed; 2 salon stations currently not in use
More about this property
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