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Property profile & analytics
OFF-MARKET
Individual retail properties

418 3rd St Monument, CO 80132-6703

2,664 SF 0.38 ac lot Built 1972
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US13-0566621
Property summary
AI-generated overview

This exceptional opportunity presents a thriving, 17-year-old family-owned salon and spa located in Monument, Colorado. Established in 2007, this business boasts a proven track record of success, consistently profitable since 2009, and demonstrating resilience even during challenging economic times, including the COVID-19 pandemic. The current owner, who assumed sole ownership in 2016, purchased and renovated the building to create their ideal workspace. The salon and spa is situated in a prime location in the heart of south-central Colorado, serving a wide regional clientele. The business prides itself on exceptional customer service, high-quality services and products, and reasonable pricing. This has resulted in a loyal customer base and a strong reputation within the community. The sale includes the established business, its existing clientele, and the building. The current owner is motivated to sell and pursue other ventures, presenting a unique opportunity for a new owner to step into a well-established and profitable business. Inventory is negotiable separately from the asking price of $942,000. This turnkey operation offers immediate income potential and the chance to build upon an already successful foundation. The business has a history of providing employment opportunities for numerous individuals, contributing positively to the local economy. This is a rare chance to acquire a long-standing, successful business in a desirable location.

Property profile
Verified
Property type Individual retail properties
Use group BARBER, HAIR SALON
Year built 1972
Construction WOOD FRAME
Total area 2,664 SF
Lot 0.38 ac (16,507 SF)
Zoning code CC
APN 7114303001
UPID US13-0566621
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Stellar Styles Salon LLC · 10 yrs held
Stellar Styles Salon LLC
since 2016
5 recorded transactions
2016
$275,000
2000
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CC · Monument, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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