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Central Hair Design Salon! 321 Central Ave E 1,987 SF Retail Building Saint Michael, MN 55376 $625,000 ($314.54/SF)

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INVESTMENT HIGHLIGHTS

  • Well established business
  • Surrounded by other retail and businesses
  • Mezzanine to pedicure stations

EXECUTIVE SUMMARY

Turnkey Salon Opportunity — 321 Central Ave E, St. Michael, MN
The well established and fully operational business known as Central Hair Design is now available for sale, along with the building.
Ready for immediate operation: The sale includes both the business and property — an operational salon with an existing client base, equipment, and location.
Strategic, central location: Nestled on Central Ave E in downtown St. Michael — a commercial corridor surrounded by retail, dining, and community businesses — perfect for foot traffic and local clientele.
Offering ample space for salon operations, parking, and possibly expansion.
The salon has garnered positive feedback from clients for quality, atmosphere, and results — a big plus for a buyer aiming to preserve goodwill and client loyalty.
Whether you want to continue operating a salon under the existing brand, rebrand, or repurpose part of the building, the property gives you options — ideal for owner-operators or investors.
This listing provides a rare chance to step into a business with established infrastructure, a loyal customer base, and a desirable central location in St. Michael — without needing to build from scratch.
Presented by Lisa Malani 612-987-4643 and Chris Fritch eXp Real Estate 763-746-3996

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Taxes $7,794 $3.92
Operating Expenses - -
Total Expenses $7,794 $3.92

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual $7,794
Annual Per SF $3.92
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $7,794
Annual Per SF $3.92

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,987 SF
Year Built
1993
Price
$625,000
Price Per SF
$314.54
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.27 AC
Zoning
Commercial - Commercial land and buildings
Parking
20 Spaces (10.07 Spaces per 1,000 SF Leased)

AMENITIES

  • Mezzanine
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

NEARBY MAJOR RETAILERS

Cash Wise
Cub Foods Pharmacy
Dunn Brothers Coffee
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
114-065-001020
Land Assessment
$131,900 (2025)
Improvements Assessment
$229,200 (2025)
Total Assessment
$361,100 (2025)
Annual Taxes
$7,794 ($3.92/SF)
Tax Year
2024
  • Listing ID: 38624557

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 321 Central Ave E, Saint Michael, MN 55376

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