Technical
Financial
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Property profile

9 Blackwell St Dover, NJ 07801

OFF-MARKET
Commercial real estate
Property ID
US59-1952657
4,264 SF 0.04 ac lot Built 1900
Individually Owned 26-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 9 E Blackwell St Unit A in Dover, NJ, presents a fantastic opportunity for a thriving hair salon business. Priced at $2,900, this move-in ready space boasts a stylish and inviting interior, perfectly designed for immediate operation. The salon features a complete setup including multiple sleek styling stations, comfortable client chairs, and modern washbasins, eliminating the need for significant upfront investment in equipment. The space is bathed in natural light thanks to large windows, creating a bright and airy atmosphere that enhances the client experience. The interior design is contemporary and welcoming, ensuring a positive and relaxing environment. This prime storefront location on Blackwell Street offers excellent visibility and accessibility, making it an ideal spot to attract a loyal clientele. The property is a general commercial space, and while the square footage is not specified, the existing salon setup indicates a comfortably sized area for client services. The property sits on a 0-acre lot. This is a rare opportunity to acquire a fully equipped, ready-to-operate hair salon in a desirable location, minimizing start-up costs and maximizing potential for immediate revenue generation. Don't miss this chance to establish or relocate your salon business in a vibrant and convenient setting.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction FRAME
Total area 4,264 SF
Lot 0.04 ac (1,620 SF)
Zoning code C-1
APN 09 01208-0000-00010- 01
UPID US59-1952657

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Travel Agency
  • Medical Clinic Alternative Medicine Practice
  • Consultant
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center

Location

9 Blackwell St Dover, NJ 07801-4643
Dover metro Census 45000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Dover, NJ
Zoning description

C-1 Retail Commercial District. A. Principal uses. Principal uses shall be as follows: (1) The following types of establishments: (a) Food stores. (b) Markets. (c) Clothing and apparel stores. (d) Book stores (excluding…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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