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34404466
34404467

1651 HESS RD, TOLEDO, OH 43615-3623 For Sale

W&
MI 6504386409
Wiens & Roth Real Estate
Listed by Wiens & Roth Real Estate
$300,000
8 days on market
Updated 4 days ago

Turn Key Beauty Salon For Sale BUSINESS and REAL ESTATE

Details
APN 2060304
Property Type Retail, Office (+1)
Sub Type Storefront, Traditional Office (+1)
Square Footage 3,296
Units 1
Year Built 1922
Stories 2
Lot Size (SqFt) 28,232
Zoning retail
Parking Spaces 15 spaces
Parking per 1,000 SqFt 4.55
Ground Lease No

Turn Key Salon Business & Real Estate for Sale

Marketing description

urnkey salon investment at 1651 Hess Rd in Toledo. Callie & Co (formerly Ginger & Co) is an established booth-rental salon with 8 stations currently rented, producing $2,640/month in gross rental income. The space has been updated throughout — this isn't a tired salon that needs a facelift before you can lease the remaining booths. Stylists and nail techs rent their stations directly, which means income spread across 8 tenants instead of riding on one. Booth renters are sticky tenants too — their clientele is tied to the location, so they don't leave over small stuff. Low property taxes, a durable service-sector income stream, and room to add stations make this a clean buy for an investor who wants mailbox money without a heavy management lift. Income and expense details available upon request.

Investment highlights

Established, income-producing salon — Callie & Co (formerly Ginger & Co) is a turnkey booth-rental operation with 8 booths currently rented, generating $2,640/month ($31,680 annually) in gross rental income.

Booth-rental model = low landlord burden — Independent stylists and techs rent their stations directly. No single-tenant risk, no percentage rent to chase, and turnover of one booth doesn't sink the income stream.

Diversified income across 8 tenants — Compare that to a single-tenant retail building. One tenant leaves and you lose 12.5% of income, not 100%.

Built-in upside — The space supports additional stations beyond the 8 currently rented. Lease the remaining booths at market rates and the proforma income climbs without touching the building.

Sticky tenancy — Stylists build their book of business at a location. Moving means risking their clientele, which keeps booth renters in place longer than typical retail tenants.

Recession-resistant service sector — Hair and nails don't get outsourced or ordered on Amazon. Personal care services have proven durable through every market cycle.

Listing Contacts

W&
MI 6504386409
Wiens & Roth Real Estate
Listed by Wiens & Roth Real Estate

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