5870 Blaine Ave, Inver Grove Heights, MN 55076
This exceptional retail space, located within the bustling Inver Grove Market Place, presents a unique opportunity for a discerning business owner. Formerly occupied by a Fantastic Sams salon, this 1,420 square foot unit is immediately available and comes equipped with existing salon equipment, representing significant cost savings for a new tenant. The space is part of a larger retail center totaling 45,000 square feet, ensuring high visibility and foot traffic. The multiple tenancy structure of the building fosters a vibrant and diverse shopping environment, attracting a broad customer base. The space's layout is well-suited for a hair salon or similar business, offering ample room for styling stations, a reception area, and potentially a retail section. Its ready-to-use condition minimizes upfront investment and allows for a quick and efficient start-up. The convenient location within Inver Grove Market Place provides easy access for customers and excellent visibility from major thoroughfares. This is an exceptional opportunity to establish or expand a thriving business in a prime retail location with existing infrastructure in place. The minimum divisible space is 1,420 square feet, making it ideal for a single-unit operation or a smaller multi-unit business. Serious inquiries are encouraged to explore this turnkey retail 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
Similar Nearby for Lease
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.