Property summary
This 2400+ square foot commercial building, situated directly across from a grocery store in Sallisaw, Oklahoma, presents a remarkable investment opportunity. Currently configured and nearly fully furnished as a hair salon, the property boasts extensive electrical upgrades, including numerous 220-volt outlets ideal for tanning beds or spa equipment. The building also features updated HVAC and plumbing systems. A washer and dryer connection is included, and the property is all-electric. The 0.16-acre lot offers significant potential. The City of Sallisaw may grant a residential zone permit or mixed-use designation, allowing for a unique blend of residential and commercial uses. This presents a chance to either revitalize the existing salon business or creatively repurpose the space for a variety of commercial ventures. The high-traffic location, coupled with the building's versatile layout and recent renovations, makes this an exceptional opportunity for an entrepreneur seeking a thriving business in a growing community. The property is priced at $160,000.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon Nail Salon
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Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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