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    40 5th St, Allentown, PA 18101-1622

    6,182 SF 0.08 ac lot Built 1900
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US73-2363323
    40 5th St, Allentown, PA 18101-1622 For Sale
    $79,900 6,182 SF
    40 5th St, Allentown, PA 18101-1622
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    Property summary
    AI-generated overview

    This thriving, full-service salon in Allentown, Pennsylvania is available for $79,900. Located at 40 S 5th St, 18101, this established storefront business offers hair, nail, facial, and waxing services. The current owner has built a strong reputation and loyal client base, providing a significant advantage for a new owner. The salon boasts a beautiful, welcoming atmosphere with room for expansion. The sale includes the established business, its clientele, and existing equipment. The current owner is willing to assist with the transition, providing valuable continuity for the business. Rental expenses are reasonable, contributing to the profitability of this turnkey opportunity. This is an exceptional chance to acquire a profitable, established business with a proven track record and significant growth potential. The business operates under a gross lease. This is a rare opportunity to step into an already successful salon, avoiding the typical start-up challenges and inheriting a ready-made customer base. The ideal buyer will be an experienced professional with business acumen and a desire to own their own salon.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1900
    Construction BRICK
    Total area 6,182 SF
    Lot 0.08 ac (3,454 SF)
    Zoning code B-2
    APN 640720139510-1
    UPID US73-2363323
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Notary Niche Fingerprinting Fingerprinting Service
    • Forever VB Vacation Rental Real Estate Agency
    • Lehigh Valley Credit Repair Financial Advisor
    • System Solution, Inc [SSI], a Meriplex Company Tech Support Center IT Consulting Firm
    • Dispatch One Llc Freight Service Logistics Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $637k
    Blend (final) Blend
    $585k
    Owner & transaction history
    Rlp 2 LLC · 8 yrs held
    Rlp 2 LLC
    since 2017
    3 recorded transactions
    2017
    $190,000
    2017
    2016
    Zoning & alternative use
    B-2 · Allentown, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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