450 Livingston StNorwood, NJ 07648

  • Other commercial real estate
  • 0.64 AC
For Sale
$28,000 View listing

Property Details for 450 Livingston St

Year built
1960
Construction
TYPE NOT SPECIFIED
Lot size
0.64 AC
Property type
Other commercial real estate
APN
41 00091-0000-00005
APU
4100091000000005

Description

This exceptional business opportunity presents a fully operational and beautifully decorated day spa and salon located at 450 Livingston Street in Norwood, New Jersey. Spanning approximately 1,100 square feet, the spa boasts a thoughtfully designed layout encompassing six individual treatment rooms and a welcoming reception area. The space is equipped with all necessary tools and equipment for a wide array of beauty and wellness services, including manicures, pedicures, haircuts, facials, waxing, and massage therapy. This turnkey operation eliminates the need for significant upfront investment in equipment or renovations, allowing for immediate commencement of business activities. The current employees are willing to remain, providing continuity and expertise for a seamless transition. The building owner is prepared to negotiate a new lease agreement with the incoming business owner, ensuring a stable and predictable operating environment. Furthermore, all operating expenses, such as snow removal, property taxes, and common area maintenance, are included in the lease, eliminating unexpected costs. This presents a rare opportunity to acquire a profitable, established business with minimal start-up expenses and the potential for immediate revenue generation. The asking price for this turnkey operation is $28,000. This includes all existing equipment and furnishings. Simply change the name and begin operating your own successful spa.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,268,228
    Hospitality
    $4,825,668
    Educational
    $4,014,899
    Medical
    $4,152,978
    Retail
    $6,245,399
450 Livingston St, Norwood, New Jersey

Location Insight

City
Norwood
County
Bergen
State
New Jersey
Latitude
40.9974
Longitude
-73.9548
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$50,977
$724,000
$1,248,800
$1,972,800
-
$724,000
$1,248,800
$1,972,800

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