Price Reduced 29.29%

$99,000

Est. Mortgage $526/mo *

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Price History

$140,000
10/16/2023

$120,000
3/29/2024

$99,000
6/13/2024

30 Pennsylvania Ave, East Lyme, (Niantic), CT, 06357

30 Pennsylvania Ave, East Lyme, (Niantic), CT, 06357
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1,630 sqft

Bay Styles Hair Salon. Fantastic opportunity to own this income producing business in the heart of Niantic Village. Owner operated in current location for 30 years. At the present time there are 4 experienced stylists with loyal clientele renting stations and the owner will continue in a stylist position for immediate and consistent income. Currently this space can accommodate an additional 3 stylists for a total of 8. Spacious and inviting interior. Approximately 1630 Square Ft of space. Open floor for stylists, small kitchen/lunch area, storage, laundry area and half bath. Plus a (18.10 x 12.6) room in the rear would accommodate additional styling stations or numerous possibilities in the health and beauty trade to increase the income potential including nail tech(s), eyelash and eyebrow treatments, massage therapy etc. Bay Styles is located in a fully occupied plaza style building in the heart of the extremely vibrant and growing shoreline village of Niantic. The population is continuing to expand and has a great downtown business association coordinating numerous events that draw very large crowds year round. The interior and equipment have recently been updated and improved, providing a modern chic vibe. This is a business only for sale, lease available at a very reasonable rent until March 2026 with a 3 year option to extend, subject to approval. Bay Styles has been an exclusive Aveda salon for 10 years! Lots of potential to grow this business!

Status:

Active

Town:

East Lyme

Type:

Commercial

Zoning:

Commercial

Frontage:

None

Heating:

Hot Air

Cooling:

Central Air

Current Use

Hair Salon

Utilities

Electric,Telephone

Lot Description:

Level Lot

Days on Market:

392

MLS #:

170604421

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Charene Clark, Coldwell Banker Realty Email: chareneclark@gmail.com