Property profile

1377 Jerusalem Ave Merrick, NY 11566

OFF-MARKET
Commercial real estate
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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

Current use

Occupant on record · Public records
  • Nail Salon

Location

1377 Jerusalem Ave Merrick, NY 11566
Merrick metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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