40 5Th St Allentown, PA 18101
- Investment properties
- 6,182 SF
- 0.08 lot acres
Current Use by Public Records
- Notary Niche Fingerprinting / Fingerprinting Service
- Forever VB / Property Management Company / Vacation Home Rental Agency
- Lehigh Valley Credit Repair / Credit Counseling Service / Credit Reporting Agency
- System Solution, Inc [SSI], a Meriplex Company / Computer Consultant / Computer Networking Service
- Dispatch One Llc / Transportation Service
Property Details for 40 5Th St
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.08 lot acres
- Property size
- 6,182 SF
- Zone code
- B-2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 640720139510-1
- APU
- 6407201395101
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $445,000
- 6.5%
- $475,000
- 7%
- $455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $470,000
- Geo Method
- $490,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $505,000
- Retail
- $500,000
- Mixed-Use
- $405,000
- Hospitality
- $455,000
- Educational
- $445,000
- Residential Income
- $525,000
- Energy
- $400,000
- Income-Based Land
- $495,000
- Food Service
- $420,000
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4676
- Latitude
- 40.602
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
