For Sale
$115,000

527 Broadway Massapequa, NY 11758

Turnkey Salon, 1700 sq ft, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
132
Exceptional opportunity to acquire a well-established, turnkey salon in Massapequa, NY. This 1,700 square foot, single-story property, built in 1991, is located at 527 Broadway, 11758, and is currently vacant. Priced at $115,000 ($67.65/sq ft), the property boasts a strong history, having operated under the same ownership for 17 years. The sale includes all existing salon equipment, making it ideal for a seamless transition. The spacious layout features a main salon area, plus four private rooms on a second floor, with two currently rented. The business previously employed 16 staff members (8 on the first floor, 6 on the second, and 2 assistants), all potentially available to the new owner. The current lease has five years remaining, with a monthly rent of $5,000 (taxes included). Convenient amenities include an on-site ATM, a point-of-sale (POS) system, security cameras, and handicap accessibility. Ample parking is available in a rear employee lot and a free lot across the street. The property undergoes bi-annual inspections with no reported violations. This is a remarkable opportunity to acquire a profitable, established business with significant potential for growth.

Highlights

  • $115,000 asking price for this 1,700 SF retail property.
  • Vacant, 1-unit, single-story salon in Massapequa, NY.
  • Located at 527 Broadway, Massapequa, NY 11758.
  • 1,700 square feet, priced at $67.65 per square foot.
  • Built in 1991, with a 5-year lease remaining.

Property Details for 527 Broadway

Property type
Retail properties
Square Feet
1,700 SF
Year Built
1991
Stories
1
Units
1

Location Insight

City
Massapequa
County
Nassau
State
New York
Latitude
40.6791211
Longitude
-73.4702981

FAQs

What type of property is this?
Retail property - Turnkey Salon, 1700 sq ft, Great Location
Where is the retail property located?
The property is located at 527 Broadway Massapequa, NY.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: $115,000 asking price for this 1,700 SF retail property.; Vacant, 1-unit, single-story salon in Massapequa, NY.; Located at 527 Broadway, Massapequa, NY 11758.
How can I contact the broker?
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527 Broadway
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