Turnkey Salon Retail
705 E Tyler Ave. Harlingen, TX 78550
705 E Tyler Ave., Harlingen, TX, 78550
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For Sale
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Formerly operating as a fully equipped hair salon with multiple stations, reception area, and front parking for five vehicles.
Property Size1,312 SF
Price / SF$247.71
Days on Market24
Property Features for 705 E Tyler Ave.
General Information
- Standard status
- Active
- Size
- 1,312 SF
- Property subtype
- Land
Building Details
- Year Built
- 1993
Listing agency
Fox Real Estate Pros
Listed by
Alyssa Castillo · License #TREC # 0834525
Source
Crexi
Added: Jun 30 Updated: Jul 21 at 3:33PM Checked: Jul 22 at 8:46AM
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 Fox Real Estate Pros
Investment Insights
Based on property information with market context.
This retail storefront suite was previously operating as a fully equipped hair salon and is laid out to support service operations. The interior includes three hair washing stations, a large main room designed for four or more stylist stations, a reception and waiting area, and a rear service station. Additional features include a break room with washer and dryer hookups, a private half bath, and two spacious rooms that can be used for additional services or adapted to suit other commercial needs.
The property is located at 705 E Tyler Ave. in Harlingen, TX, in a high-traffic, highly visible area. Customer convenience is supported by front parking for five vehicles, with additional parking available in the rear.
With its established customer-facing layout and adaptable back-of-house space, the suite may be well suited for continued salon use or for a business concept that benefits from a retail storefront environment and on-site parking.
The property is located at 705 E Tyler Ave. in Harlingen, TX, in a high-traffic, highly visible area. Customer convenience is supported by front parking for five vehicles, with additional parking available in the rear.
With its established customer-facing layout and adaptable back-of-house space, the suite may be well suited for continued salon use or for a business concept that benefits from a retail storefront environment and on-site parking.
Key Highlights
- Year built 1993; was formerly operating as a fully equipped hair salon space.
- Salon layout includes three hair washing stations and a large room for four or more stylist stations.
- Reception and waiting area plus a rear service station for day‑to‑day operations.
Local Financial Insights For Retail
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 | $18.9k | $14.40 |
| − Vacancy | −$1.1k | −$0.81 |
| EGI | $17.8k | $13.59 |
| − OpEx | −$5.4k | −$4.08 |
| NOI | $12.5k | $9.52 |
1,312 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$178.3K
$156.1K – $208.1K
NOI $12,484 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$225.9K
$197.7K – $263.6K
NOI $15,813 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
York Hair Fashion
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Formerly operating as a fully equipped hair salon with multiple stations, reception area, and front parking for five vehicles.
Where is this retail space located?
The property is located at 705 E Tyler Ave. Harlingen, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Year built 1993; was formerly operating as a fully equipped hair salon space.; Salon layout includes three hair washing stations and a large room for four or more stylist stations.; Reception and waiting area plus a rear service station for day‑to‑day operations.
