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Turn-Key Salon Investment Opportunity
For Sale
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40th Ave SE, Mandan, ND 58554

Fully occupied salon with real estate for sale in Mandan.

Property Size4,412 SF
Price / SF$316.18
Days on Market272

Property Features for 40th Ave SE

General Information

Standard status Active
Size 4,412 SF
Class A
Property subtype Business for Sale, Mixed Use, Office, Retail, Special Purpose
Zoning Com
Investment Type Stabilized

Building Details

Year Built 2016
Stories 2
Units 13
Listing Agency: Realty One Group - Encore
Listed By: Pat Koski · License #ND - 8121
Source: Crexi
Added: Feb 1 Changed: Oct 25 Last Checked: Oct 30 at 1:52PM

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 Realty One Group - Encore

Rey
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Investment Insights

Based on property information with market context.

This is an investment opportunity to acquire a fully stabilized, income-producing salon including real estate in a highly visible and desirable location in Mandan, ND. The property consists of approximately 4,412 square feet and is 100% occupied with 13 private, fully leased booth rentals, providing immediate and consistent cash flow. All booths are fully enclosed, offering privacy for tenants and strong long-term demand. The building includes a shared break room and on-site washer and dryer, enhancing tenant convenience and retention. Located on a high-traffic corridor, the property benefits from excellent visibility, easy access, and strong surrounding demographics. It is ideal for investors seeking a turn-key asset with stable income or an owner-operator looking for a proven salon model. The 2025 taxes are $7,695. The yearly HOA, which covers exterior building insurance, grass, and snow removal, is $2,720.

Key Highlights

  • Turn‑key salon business and real estate included in sale.
  • 100% occupied with 13 private, fully leased booths, providing immediate income.
  • Located in a highly visible and desirable location in Mandan, ND on a high‑traffic corridor.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Pharmacy Electrical Service Restaurant Grocery & Convenience Store Carpet & Flooring Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

391
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 75% Dining 25%
Cenex Shops & Services
10,173 visits/mo 0.2 miles
Dickey's Barbecue Pit Dining
1,982 visits/mo 0.3 miles
SUBWAY Dining
1,572 visits/mo 0.2 miles
ABRA Auto Body Shops & Services
345 visits/mo 0.4 miles

Demographics for 58554, ND

28,642
Population
13,066
Households
2.2
Avg Household Size
37
Median Age
31%
College-Educated
95%
High-School Grad
572.6 sq mi
ZIP Area
50
Density / Sq Mi
$82,168
Median Household Income
$43,771
Median Earnings
$1,048
Median Rent
$266,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Fully occupied salon with real estate for sale in Mandan.
Where is this retail space located?
The property is located at 40th Ave SE Mandan, ND.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Turn‑key salon business and real estate included in sale.; 100% occupied with 13 private, fully leased booths, providing immediate income.; Located in a highly visible and desirable location in Mandan, ND on a high‑traffic corridor.
(701) 471-1331 Call to check price and availability
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