1101 Service RdKiel, WI 53042

  • Commercial real estate
  • 0.54 AC
For Sale
$429,000 View listing

Property Details for 1101 Service Rd

Lot size
0.54 AC
Property type
Commercial real estate
APN
51-500-001-016.00
APU
5150000101600

Description

This exceptional turnkey business opportunity in Kiel, WI, presents a rare chance to acquire a thriving salon and spa, complete with real estate. Built in 2003, the 2,008 square foot building boasts a highly visible location on a 0.54-acre lot, providing ample parking both in front and rear. The well-designed interior features six stylist stations, multiple shampoo bowls, a dedicated manicure/pedicure room, and two tanning rooms. Beyond the service areas, the property includes an attractive lobby/waiting area, a restroom, and a convenient employee breakroom/kitchen/laundry area. The sale includes the business in its entirety, encompassing the established name, existing products, stylist contracts, a valuable customer database, and the building itself. The property is priced at $429,000. Potential buyers must be pre-approved, and review of the Profit & Loss statement will be at the discretion of the current owners. This is a remarkable opportunity for an entrepreneur seeking a profitable, established business with significant growth potential. The high-visibility location and well-maintained building offer a strong foundation for continued success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,861,384
    Hospitality
    $4,453,001
    Educational
    $3,704,844
    Medical
    $3,832,260
    Retail
    $5,763,092

Location Insight

City
Kiel
County
Manitowoc
State
Wisconsin
Latitude
43.9183
Longitude
-88.0234
CBSA code
31820
CBSA name
MANITOWOC, WI MICROPOLITAN 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
2023
$4,537
$70,900
$213,100
$284,000
-
$69,942
$210,219
$280,161

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