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    416 Girod St New Orleans, LA 70130

    Sponsored
    For Sale
    $150,000

    Turn-key beauty salon; 13 booths; high-rent district.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turn-key beauty salon is ideally situated in the vibrant Warehouse District of New Orleans, Louisiana. Located at 416 Girod Street, zip code 70130, this storefront property presents a unique investment opportunity. The asking price is $150,000. The space is currently configured as a fully operational beauty salon, boasting 13 individual booths ready for immediate use. This allows for a seamless transition for a new owner, minimizing start-up costs and maximizing potential revenue. The business-only sale provides a fantastic foundation for a thriving enterprise. The property's location within the bustling Warehouse District ensures high visibility and foot traffic, attracting a diverse clientele. Note that the current monthly rent for the space is $5,723.38. This established salon offers a rare chance to acquire a profitable business in a prime New Orleans location. The property is categorized as retail, specifically a storefront, and is situated in Orleans Parish. The precise geographical coordinates are latitude 29.9465052 and longitude -90.0679068. This is an excellent opportunity for an experienced salon owner or entrepreneur looking to establish a presence in a high-demand area.

    Property Features for 416 Girod St

    General Information

    Property type
    Individual retail properties

    HighLights

    • $150,000 asking price for a turnkey beauty salon.
    • Located at 416 Girod St, New Orleans, LA 70130.
    • Retail storefront property type.
    • Thirteen (13) booths available.
    • Business‑only sale; $5,723.38 monthly rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Color Clique Beauty Product Supplier Salon Society Hair Salon

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Restaurant Building Supply Daycare Center Kitchen & Bath Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.0679068
    Latitude
    29.9465052

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    FAQs

    What type of property is this?
    Individual retail property - Turn-key beauty salon; 13 booths; high-rent district.
    Where is this individual retail property located?
    The property is located at 416 Girod St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: $150,000 asking price for a turnkey beauty salon.; Located at 416 Girod St, New Orleans, LA 70130.; Retail storefront property type.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    416 Girod St New Orleans, LA 70130
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