426 Geyser Rd, Ballston Spa, NY 12020
This exceptional 2,400 square foot special purpose property, located at 426 Geyser Road in Ballston Spa, Saratoga County, presents a unique investment opportunity. The single-tenant building sits on a spacious 20,038 square foot lot and is fully remodeled, offering a turnkey operation for a discerning buyer. The property boasts a comprehensive array of amenities, including 20 paved parking spaces with additional room for expansion behind the building. Inside, the salon/spa features two massage chairs, four tanning booths, three massage rooms, and three cutting stations each equipped with hydraulic chairs. Further enhancing its appeal are a sauna, a coin-operated automatic dog wash station, a laundry area, and a kitchen. All existing furnishings are included in the sale, providing a seamless transition for the new owner. Recent improvements include well testing and septic cleaning, ensuring the property is in excellent working order. The property is offered under a Triple Net Lease, meaning the tenant is responsible for all property taxes, maintenance, snow removal, utilities, and taxes. This presents a low-maintenance investment opportunity with significant potential for return. The property's prime location on Geyser Road in Ballston Spa adds to its desirability. This is a rare opportunity to acquire a fully operational and well-equipped salon and spa business in a highly sought-after location.
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European Day Spa Salon Hair Salon Nail Salon
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Michelle's Hair Studio Hair Salon Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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
TC · Ballston Spa, NYBallston Spa. Always verify with local authorities before improvements.
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.