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    OFF-MARKET
    Commercial real estate

    1377 Jerusalem Ave, Merrick, NY 11566

    Property ID
    Property summary
    AI-generated overview

    This thriving nail salon, located at 1377 Jerusalem Avenue in Merrick, NY, presents a fantastic opportunity for an ambitious entrepreneur. Priced affordably at $88,000, this turnkey business boasts a loyal clientele and benefits from a high volume of foot traffic, ensuring a consistent stream of customers. The salon is immediately available for a new owner to take over, eliminating any lengthy transition periods. All necessary equipment and infrastructure are in place, allowing for a seamless transfer of ownership and immediate commencement of operations. This is an exceptional chance to acquire an established business with a proven track record of success in a desirable location. The sale includes the existing business operations, providing a ready-made platform for continued growth and profitability. No square footage is specified for the property itself, but the high foot traffic location speaks to its prime commercial viability. The property is situated on a lot of zero acres, indicating a compact and efficient business footprint. This presents a low-risk, high-reward investment opportunity in a bustling commercial area. Serious inquiries are encouraged to explore this exceptional business acquisition prospect. The business is ready for immediate takeover, offering a swift and efficient transition for the new owner. This is a rare chance to step into a profitable and established enterprise with minimal setup time.

    Property profile
    Verified
    Property type Commercial real estate
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Queen Bee Nail & Spa Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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