502 Us Highway 1 Norlina, NC 27563
- Commercial real estate
- 1,680 SF
- 0.16 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 502 Us Highway 1
- Year built
- 1940
- Lot size
- 0.16 lot acres
- Property size
- 1,680 SF
- Property type
- Commercial real estate
Description
This exceptional turnkey business opportunity in Norlina, NC, presents a fully operational beauty supply store and salon within a single 1,680-square-foot building situated on a 0.16-acre lot. The property is located at 502 US Highway 1 N, Unit 502, offering high visibility and convenient access. The business is currently generating income through established booth rental agreements with multiple tenants, each paying $400 per month on a month-to-month basis. All existing salon and spa equipment is included in the sale, encompassing salon stations with chairs, a nail technician station with chair, a pedicure spa chair, shampoo stations, blow dryer stations, waiting area chairs, and televisions. The beauty supply store inventory is also conveyed with the sale, including a variety of hair supplies and a mobile check-out counter. Recent improvements include the installation of commercial-grade doors and windows, enhancing both the aesthetic appeal and functionality of the space. This established business offers immediate income potential and a strong foundation for continued growth and success. The asking price for this turnkey operation is $325,000. This represents a unique opportunity to acquire a profitable, established business with significant upside potential. Don't miss out on this exceptional investment opportunity.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norlina
- County
- Warren
- State
- North Carolina
- Longitude
- -78.1945
- Latitude
- 36.4462