1420 Kasold Dr Lawrence, KS 66049-3424
This thriving salon, Salon Renew, presents a fantastic opportunity for an owner-user or expansion-minded business. Located at 1420 Kasold Dr, Lawrence, KS 66049, this 1,050 square foot commercial space is currently configured for optimal salon operations. The property boasts six salon stations, two pedicure stations, and one nail tech station, all ready for immediate use. The business has been successfully operating at this location since 2012, and the space underwent renovations in that year. The property is zoned for commercial use and is offered at an attractive asking price of $36,850. The sale includes a modified lease agreement, with an occupancy date of December 1st, 2024. The current owner is motivated to sell quickly and is offering a unique incentive: they are willing to either rent the nail tech station or provide 30 days of transition training to ensure a smooth handover. This presents a remarkable opportunity for a new entrepreneur to step into a ready-made business or for an existing salon to expand its reach. A detailed offering memorandum is available upon request, providing further insights into the financial performance and operational details of Salon Renew. This is a truly affordable opportunity to acquire a well-established and profitable business in a prime location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.