134 Leroy St Fenton, MI 48430
Exceptional opportunity to acquire a successful, high-end hair salon in Fenton, Michigan. This 2,668 square foot storefront, located at 134 N Leroy St #2, is situated on a single story building constructed and renovated in 2016. The property boasts a strong 9.71% cap rate, generating a net operating income (NOI) of $106,812. The salon features an inviting atmosphere and specializes in haircuts, coloring, Brazilian Blowouts, and extensions, utilizing premium products such as Aveda and Oribe. The business benefits from an established brand, a loyal clientele, and a dedicated team of highly skilled stylists, ensuring continued success. The property is zoned for miscellaneous commercial services (Misc Comm Svcs) and is offered as a single-tenancy owner/user investment. The asking price is $1,100,000. APN: 53-36-602-002. This is a turnkey operation ready for immediate ownership.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.