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    5870 Blaine Ave Inver Grove Heights, MN 55076

    Sponsored
    For Lease
    Contact for pricing

    Prime Hair Salon Space, 1420 sq ft

    Lot size:
    45,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail space, located within the bustling Inver Grove Market Place, presents a unique opportunity for a discerning business owner. Formerly occupied by a Fantastic Sams salon, this 1,420 square foot unit is immediately available and comes equipped with existing salon equipment, representing significant cost savings for a new tenant. The space is part of a larger retail center totaling 45,000 square feet, ensuring high visibility and foot traffic. The multiple tenancy structure of the building fosters a vibrant and diverse shopping environment, attracting a broad customer base. The space's layout is well-suited for a hair salon or similar business, offering ample room for styling stations, a reception area, and potentially a retail section. Its ready-to-use condition minimizes upfront investment and allows for a quick and efficient start-up. The convenient location within Inver Grove Market Place provides easy access for customers and excellent visibility from major thoroughfares. This is an exceptional opportunity to establish or expand a thriving business in a prime retail location with existing infrastructure in place. The minimum divisible space is 1,420 square feet, making it ideal for a single-unit operation or a smaller multi-unit business. Serious inquiries are encouraged to explore this turnkey retail opportunity.

    Property Features for 5870 Blaine Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,000 SF

    Unit(s) available at that property

    Space
    Former Fantastic Sams
    Size
    1,420 SF

    HighLights

    • Retail property totaling 45,000 square feet.
    • Multiple tenant occupancy.
    • One available space of 1,420 square feet.
    • Former Fantastic Sam's location with existing equipment.
    • Minimum divisible space of 1,420 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Inver Grove Heights
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.05495966347
    Latitude
    44.864702581137

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    FAQs

    What type of property is this?
    Retail property - Prime Hair Salon Space, 1420 sq ft
    Where is this retail property located?
    The property is located at 5870 Blaine Ave Inver Grove Heights, MN.
    What are key features of this property?
    This property features: Retail property totaling 45,000 square feet.; Multiple tenant occupancy.; One available space of 1,420 square feet.
    Request Owner's contact information
    5870 Blaine Ave Inver Grove Heights, MN 55076
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    Inver Grove Heights, MN 55076
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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
    5870 Blaine Ave Inver Grove Heights, MN 55076
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