411 W Canal StreetMalvern, OH 44644

411 W Canal StreetMalvern, OH 44644

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$399,000 Active
Commercial - Business MLS 5193027 New to the Market

Listed By

Agency Name: Keller Williams Legacy Group Realty
Agency Contact: bethaniepeters@kw.com, 330-575-1947

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Serenity Salon Established Business Opportunity in Malvern, Ohio Exceptional opportunity to own a long-standing and well-established salon business in the heart of Malvern, Ohio. Serenity Salon has served the community for many years and offers a fantastic opportunity for a new entrepreneur or investor to step into a turnkey business with an established clientele. The current owner is ready to transition from ownership but is willing to remain as a stylist or booth renter, helping ensure a smooth transition and continued service for loyal customers. In addition, the owner is willing to pass along an extensive client list to the new owner. This unique octagon-style building offers great character and visibility and sits on an extra-large lot with a blacktop driveway and parking area. The property extends through to the street behind, creating additional development potential. The rear portion of the lot could be ideal for a future residence, additional business, or drive-through coffee shop, making this property an attractive investment with multiple possibilities. The salon currently features: ? Multiple active booth renters (3 currently operating) ? Additional space for growth and more stylists ? Dedicated massage room ? Pedicure room ? Two bathrooms ? Flexible layout for expanded services This is a rare chance to acquire a thriving local business with built-in clientele, income potential, and room to expand. Perfect for a young entrepreneur, stylist ready to own their own shop, or investor looking for a small business opportunity. Don't miss the opportunity to carry on the legacy of this beloved local salon while building your own vision for the future.

411 W Canal Street | MLS# 5193027

This commercial property located at 411 W Canal Street, Malvern, OH 44644 is currently listed for sale with an asking price of $399,000. W Canal Street is located within the Brown Local school district. Search Malvern real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: None
Cooling: Central Air
Heating: Forced Air, Gas
Lot Size: 0.38 Acres
Stories: 1.0
Taxes: $1,802 / year
Year Built: 1987

Feature Descriptions

Building Features: Private Restrooms, Reception Area, Sign(s), Storage
Parcel#: 07-0000746.000
Parking: Asphalt, Gravel, On Site, Open, Paved, Deck, Parking Lot, Private, Storage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Brown Local

Demographics

Carroll County Demographic Information for 411 W Canal Street, Malvern, OH 44644
Fips
Fips Code 39019
Population
2020 to 2023 Change up 0.1%
2010 Count 28,836
2020 Count 26,721
2023 Estimate (V2023) 26,758
2020 Estimate (V2023) 26,716
Age Distribution (Years Old)
0 to 4 4.7%
5 to 17 20.9%
18 to 64 54.2%
65 and Older 20.2%
Gender
Male 51.0%
Female 49.0%
Place of Birth
Foreign 0.4%
US 99.6%
Education
High School Graduate, Age 25+ 88.9%
Bachelor's Degree or Higher, Age 25+ 13.5%
Computer and Internet use
Households with a computer 88.4%
Households with a broadband Internet subscription 76.1%
Language
English is Second Language, Age 5+ 5.5%
English is First Language, Age 5+ 94.5%
Veterans
Veterans 1,766
Income
Per Capita Income $33,798
Median Household Income $59,872
People in Poverty 11.6%
Commute
Average Work Commute Time 31 minutes
Housing
Total Housing Units 13,627
Households 11,355
Average Household Size 2.32
Owner-Occupied 76.6%
Multi-Family 6.3%
Owner-Occupied Median Value $157,500
Median selected monthly owner costs -with a mortgage $1,264
Median selected monthly owner costs -without a mortgage $455
Median gross rent $756
Building Permits
New Private Housing Issued 2023 0
Years at Residence
1 Year or More 92.7%
Less Than 1 Year 7.3%
Business and Employment
Private non-farm Establishments 459
Private non-farm Employment 4,901
Private non-farm Employment Growth up 1.2%
Nonemployer Establishments 2,040
Number of Firms 2,125
Business Production
Value of Shipments $360,502,000
Wholesale Trade $73,873,000
Retail Trade $215,676,000
Retail Sales Per Capita $0
Accommodation and Food Services $28,965,000
Land
Land Area 394.61 sq. miles
Population Per Square Mile 74

Source: US Census Bureau