502 Us Highway 1 Norlina, NC 27563
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.
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
Similar Nearby for Sale
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.