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Turnkey Salon Retail Space
For Sale
$260,000

6562 Lake Road, Windsor, WI 53598

Business/Comm, Windsor, WI

Property Size1,200 SF
Lot Size1.64 Acres
Price / SF$216.67
Days on Market47

Property Features for 6562 Lake Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning comm
Interior features Public rest rooms, Display window
Lot features Business district, Free standing, Near Major Highway
Directions Hwy 19 to North on Lake Road, property on right.
Subdivision WINDSOR - V
Standard status Active
APN 0910-322-2784-1
Size 1,200 SF
Lot size 1.64 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1589

Amenities

laundry facilities
storage
public restroom
outdoor setting
back patio
views of wildlife and large pond

Building Details

Year built 1978
Number of units 7
Roof type Flat
Listing Agency: RE/MAX Preferred · RE/MAX International
Listed By: Scott Schroeder · License #5913790
Added: Aug 31 Changed: Oct 13 Last Checked: Oct 16 at 11:06AM
MLS# 1970042

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,200-square-foot retail condominium is configured for salon operations and includes six cutting chairs, three coloring stations, and a manicure station. The space also provides laundry facilities, storage, a public restroom, and a display window. Inventory, equipment, and supplies needed for continued operation are included. The business has operated for more than 40 years, and the seller is willing to assist with the transition after closing.

Located within the Lake Windsor Center Commercial Condominium Complex, the property offers access from multiple directions along with an outdoor back patio overlooking a large pond and surrounding wildlife. The space could also accommodate a different business use. Built in 1978, the property has a flat roof and commercial zoning.

Key Highlights

  • 1,200 SF retail condominium configured for salon operations
  • Six cutting chairs, three coloring stations, and one manicure station
  • Inventory, equipment, and operating supplies included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,504
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,080 $230.1K
Cap Rate 7%
$164,343 $164.3K
Cap Rate 9%
$127,822 $127.8K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$18.0K $15.00/SF
− Vacancy
−$1.6K −$1.31/SF
EGI
$16.4K $13.70/SF
− OpEx
−$4.9K −$4.11/SF
NOI
$11.5K $9.59/SF
Area
Dane County, WI
Vacancy
8.70%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,080
Cap Rate 7%
$164,343
Cap Rate 9%
$127,822

Alternative Uses

Best Use
Retail
$164.3K
$143.8K – $191.7K (±1% cap)
NOI $11,504 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$278.9K
$244.0K – $325.3K (±1% cap)
NOI $19,520 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Building Supply Pharmacy Parking Lot & Garage

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

Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby

Demographics for 53598, WI

4,033
Population
1,666
Households
2.4
Avg Household Size
35
Median Age
33%
College-Educated
92%
High-School Grad
3.1 sq mi
ZIP Area
1,301
Density / Sq Mi
$100,119
Median Household Income
$60,136
Median Earnings
$1,470
Median Rent
$373,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Established salon operation with fixtures, supplies, storage, and flexible reuse potential in a commercial condominium setting.
Where is this retail space located?
The property is located at 6562 Lake Road Windsor, WI.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 1,200 SF retail condominium configured for salon operations; Six cutting chairs, three coloring stations, and one manicure station; Inventory, equipment, and operating supplies included
More about this property
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