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    62 Main St North Main St Burrillville, RI 02859

    For Sale
    $50,000

    Established Salon, Turnkey Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property at 62 North Main Street, Burrillville, Rhode Island, 02859, presents a unique investment opportunity. Priced at $50,000, this turnkey storefront business offers a long-established hair salon in a high-traffic plaza within Pascoag. The property consists of a single building situated on a lot with unspecified square footage. The salon itself boasts ample space, numerous styling stations, a half-bathroom, a mixing room, a comfortable waiting area, and a dedicated break room. The current owner, retiring after years of building a successful business, is offering training to a qualified buyer. A favorable lease agreement is already in place, minimizing initial operational hurdles. This is an ideal opportunity for an entrepreneur seeking an established business with significant growth potential in a desirable location. The property's address is verified as 62 North Main Street, Burrillville, Providence County, Rhode Island. The property is categorized as land and retail, with subtypes including commercial, storefront, business, and salon/barbershop. While the lot size is not specified, the existing business infrastructure provides a substantial foundation for immediate operation and future expansion. This is a rare chance to acquire a profitable, established business with minimal upfront investment.

    Property Features for 62 Main St North Main St

    General Information

    Property type
    Individual retail properties

    Building Details

    Buildings
    1

    HighLights

    • Turnkey hair salon in high‑traffic Pascoag plaza, priced at $50,000.
    • Located at 62 North Main Street, Burrillville, RI 02859.
    • Features ample space, multiple styling stations, half‑bath, mixing room, waiting area, and break room.
    • Includes owner training and a favorable existing lease.
    • Established business with growth potential; land and retail property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Burrillville
    County
    Providence
    State
    Rhode Island
    Longitude
    -71.701621
    Latitude
    41.960635

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    FAQs

    What type of property is this?
    Individual retail property - Established Salon, Turnkey Opportunity
    Where is this individual retail property located?
    The property is located at 62 Main St North Main St Burrillville, RI.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: Turnkey hair salon in high-traffic Pascoag plaza, priced at $50,000.; Located at 62 North Main Street, Burrillville, RI 02859.; Features ample space, multiple styling stations, half-bath, mixing room, waiting area, and break room.
    Request Owner's contact information
    62 Main St North Main St Burrillville, RI 02859
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    Burrillville, RI 02859
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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
    62 Main St North Main St Burrillville, RI 02859
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