Turnkey Hair Salon
For Sale
$229,000
415 Old Pass Rd, Long Beach, MS 39560
Fully operational hair salon for sale with all equipment.
Property Size1,296 SF
Lot Size0.17 Acres
Price / SF$176.70
Days on Market216
Property Features for 415 Old Pass Rd
General Information
Standard status
Active
Size
1,296 SF
Lot size
0.17 Acres
Listing Agency:
Coldwell Banker Alfonso Realty-Lorraine Rd
Listed By:
Carl A Larosa · License #S29641
(228) 287-1200
Source:
Fiorellaavenue
Added: Mar 5
Changed: Sep 15
Last Checked: Oct 5 at 11:57PM
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 Coldwell Banker Alfonso Realty-Lorraine Rd
Investment Insights
Based on property information with market context.
This is a fully operational, turnkey hair salon that has been in business for over 40 years. It is conveniently located on the corner of West Old Pass Road and 4th Ave on a 0.17-acre lot. The business includes 8 styling stations, 3 hair washing bowls (plumbed for a fourth), 6 salon hooded drying chairs, public and employee restrooms, a large waiting area, a hospitality room, and a large color mixing dispensary with a washer and dryer. It also features new central air-conditioning. Parking is available at the front and back of the building.
Key Highlights
- Turnkey hair salon in business for over 40 years.
- Includes all equipment: 8 styling stations, 3 hair washing bowls (plumbed for 4), 6 hooded drying chairs.
- Convenient corner location on West Old Pass Road and 4th Ave.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,654
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,080
$233.1K
Cap Rate 7%
$166,486
$166.5K
Cap Rate 9%
$129,489
$129.5K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$18.2K $14.04/SF
− Vacancy
−$1.5K −$1.19/SF
EGI
$16.6K $12.85/SF
− OpEx
−$5.0K −$3.85/SF
NOI
$11.7K $8.99/SF
Area
Harrison County, MS
Vacancy
8.50%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,080
Cap Rate 7%
$166,486
Cap Rate 9%
$129,489
Alternative Uses
Best Use
Retail
$166.5K
$145.7K – $194.2K
NOI $11,654 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$208.8K
$182.7K – $243.6K
NOI $14,615 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 21%
Dollar General
Shops & Services
7,212 visits/mo
0.3 miles
Chevron
Shops & Services
4,141 visits/mo
0.4 miles
Domino's Pizza
Dining
2,986 visits/mo
0.4 miles
Demographics for 39560, MS
18,611
Population
8,429
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
94%
High-School Grad
20.3 sq mi
ZIP Area
917
Density / Sq Mi
$73,090
Median Household Income
$40,000
Median Earnings
$1,196
Median Rent
$210,800
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 South region
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Frequently Asked Questions
What type of property is this?
Retail space - Fully operational hair salon for sale with all equipment.
Where is this retail space located?
The property is located at 415 Old Pass Rd Long Beach, MS.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Turnkey hair salon in business for over 40 years.; Includes all equipment: **8 styling stations**, **3 hair washing bowls** (plumbed for 4), **6 hooded drying chairs.**; Convenient corner location on West Old Pass Road and 4th Ave.
