CENTURY 21 Edge
Commercial

Business Opportunity · Commercial

$65,000$90,50011,859 sq ft$5 /sq ft

123 NE Null Avenue NE # 7, Palm Bay FL 32009, PALM BAY, FL, 32009

Active138 days on marketListed Apr 1, 2026MLS #B26010786

About this property

The property at a glance

Established Hair Salon & Barber Shop - Palm Bay, Florida This turnkey hair salon and barber shop represents a compelling acquisition opportunity in the personal care services sector. The business has maintained continuous operations for over fifteen years, establishing a solid foundation of recurring clientele and demonstrated market presence within the Palm Bay community. Business Overview: The establishment operates as a full-service hair salon and barber shop, serving a diverse customer base through comprehensive personal grooming services. The business model focuses on traditional barbering services combined with contemporary hair styling, positioning the operation to capture multiple market segments within the local service area. Established Hair Salon & Barber Shop - Palm Bay, Florida This turnkey hair salon and barber shop represents a compelling acquisition opportunity in the personal care services sector. The business has maintained continuous operations for over fifteen years, establishing a solid foundation of recurring clientele and demonstrated market presence within the Palm Bay community. Business Overview: The establishment operates as a full-service hair salon and barber shop, serving a diverse customer base through comprehensive personal grooming services. The business model focuses on traditional barbering services combined with contemporary hair styling, positioning the operation to capture multiple market segments within the local service area. Operational Strengths: • Fifteen-year operational history demonstrating market stability • Established customer base providing recurring revenue streams • Turnkey operation requiring minimal transition period • Fully equipped facility ready for immediate operation • Strong local market reputation and brand recognition Growth Potential: The business presents expansion opportunities for strategic development. Current operations maintain capacity for increased service volume and potential service line extensions. The established customer relationships provide a foundation for revenue enhancement through additional service offerings or extended operating hours. Target Buyer Profile: This opportunity suits multiple buyer categories including owner-operators seeking established cash flow, newly licensed professionals requiring an operational platform, investors targeting service sector businesses, or experienced industry professionals pursuing business ownership. Location Benefits: Situated in Palm Bay, the business benefits from an established local presence with demonstrated customer loyalty patterns. The location supports the service-based business model with accessibility for the target demographic. The business offers immediate income generation potential with established operational systems, making it suitable for buyers seeking a proven business model with growth capabilities. Business Highlights: Seller will transfer Database with over 2500 clients. • 4 fully equipped barber/styling stations • 2 private service rooms ideal for esthetics, facials, lashes, massage, or specialty services • Additional break room that can easily convert into a 3rd private room with running water • Efficient layout designed for multiple professionals working simultaneously • Established clientele and repeat customers • Turnkey setup - continue operations from day one • Strong potential to increase revenue by renting additional rooms or adding Ad#:2479534 BIZ BUY SELL

11,859

Building sq ft

$5

Price / sq ft

0

Lot sq ft

2008

Year built

Commercial

Property type

Building size11,859 sq ft
Lot size0 sq ft
Year built2008
Business typeBarber/Beauty, Retail Space, Education/School
ConstructionConcrete Block Construction · Slab Construction · Stucco
CoolingCentral Air
HeatingCentral

The numbers

Investment snapshot

$164,000

Gross income (yr)

Estimated payment (illustrative)

Down payment25% · $16,250
Interest rate6.00%
Loan term

Estimated payment

$512/mo

Principal & interest$292
Est. property taxes$60
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Bridget to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

34,000vehicles / day · 2025Sr-507/Babcock St to Us-1/Sr-5/Dixie Hwy · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Izzy's DinerRestaurant0.3 mi
BravoGrocery0.5 mi
Performance PC's, IncRetail0.6 mi
Skeebo's Rib ShackRestaurant1 mi
Circle KGrocery1 mi
Wells FargoBank1 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

593

Population

$63,568

Median income

51

Median age

2

Avg household

$128,879

Median home value

$1,241/mo

Median rent

21%

Households w/ kids

Consumer profile

Nerd CultureTop 10%

These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.

Hops & BrewsTop 11%

Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.

Engine EnthusiastTop 12%

This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.

Coffee ConnoisseurTop 21%

Morning java. Cup of Joe. Caffeine in an IV. Whatever they call it, this population loves coffee and the culture around it.

Body ArtTop 21%

Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.

Party LifeTop 25%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Recent sales

What actually sold near 123 NE Null Avenue NE # 7

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

2419 S BABCOCK STREET UNIT A

$21,600

2419 S BABCOCK STREET UNIT A

Sold Nov 21, 2025

109 SILVER PALM AVENUE

$1,450,000

109 SILVER PALM AVENUE

Sold Dec 5, 2024

2179 JULIAN AVENUE NE UNIT A

$360,000

2179 JULIAN AVENUE NE UNIT A

1,870 sqft · $193/sqft · Sold Apr 13, 2026

Your team

The pros in your corner

Bridget McLennon

Your agent

Bridget McLennon

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 123 NE Null Avenue NE # 7 — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 123 NE Null Avenue NE # 7.

See it in person

Schedule a tour

Live availability from Bridget's calendar — pick a time and it's booked.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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