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    164 Maple Rd Troy, MI 48083

    Sponsored
    For Sale
    $67,900

    Established Beauty Salon, High Profit Potential

    Property size:
    2,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional investment opportunity in Troy, Michigan, featuring a thriving 2,600 square foot beauty salon located at 164 E Maple Rd. This established business, built in 1989, boasts 12 hair stations, 4 nail stations, and 2 pedicure chairs, catering to a diverse clientele. Three additional rooms offer versatility for expansion into services such as laser treatments, electrolysis, or facials; one room currently serves as an office. The property sits on a 0.86-acre lot (APN 20-34-101-019) and is zoned 201 Bus Improve. The current lease is $3,000 per month, and the business generates an annual profit between $25,000 and $30,000. A skilled team of 11 employees, including nail technicians, a lash expert, and hairdressers, ensures smooth operations. The owner is willing to provide training to ensure a seamless transition. Detailed financials are available upon request with a non-disclosure agreement. This turnkey operation presents a rare opportunity for a savvy investor seeking a profitable and established business in a prime location. The property consists of one building on a 0.86-acre lot.

    Property Features for 164 Maple Rd

    General Information

    Property type
    Investment properties
    Square Feet
    2,600 SF
    Lot Size
    37,462 SF

    Building Details

    Year Built
    1989
    Buildings
    1
    Units
    1

    HighLights

    • Asking price: $67,900
    • Established business for sale in Troy, MI, generating $25,000-$30,000 annual profit.
    • 2,600 square feet on a 0.86‑acre lot, with 12 hair stations, 4 nail stations, and 2 pedicure chairs.
    • Includes 3 additional rooms suitable for various services (laser, electrolysis, facials, etc.).
    • Current lease is $3,000 per month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bellacino's Pizza & Grinders Pizza Restaurant City Style Tango Dance School Skylar Laundromat (Troy) Laundromat Head Over Heels ... Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1437086
    Latitude
    42.5478139

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    FAQs

    What type of property is this?
    Investment property - Established Beauty Salon, High Profit Potential
    Where is this investment property located?
    The property is located at 164 Maple Rd Troy, MI.
    What is the asking price?
    The asking price for this property is $67,900.
    What are key features of this property?
    This property features: Asking price: $67,900; Established business for sale in Troy, MI, generating $25,000-$30,000 annual profit.; 2,600 square feet on a 0.86-acre lot, with 12 hair stations, 4 nail stations, and 2 pedicure chairs.
    (734) 259-1100
    Request Owner's contact information
    164 Maple Rd Troy, MI 48083
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    Troy, MI 48083
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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
    164 Maple Rd Troy, MI 48083
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