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Listed by Timothy Lalk • Century 21 Signature Real Estate-Waverly
$769,900
Est. payment /mo
1.46 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20263564
Year Built 2017
Annual Tax Amount $13,556
Tax Year 2024
Lot Size 1.460 Acres
Acres 1.46
Property Sub-Type Office/Retail
Property Description
Turn-Key Business & Investment Opportunity! Own a thriving, fully operational business with this exceptional opportunity to purchase Rezults Driven Fitness, a successful 24-hour fitness center complete with additional income-producing apartments. Built in 2017, this well-maintained property offers 9,160 square feet of total space. The 4,580-square-foot main level is home to the fitness center, featuring an extensive selection of commercial-grade fitness equipment, two full bathrooms with showers, and everything needed for members to enjoy a first-class workout experience. All gym equipment and business assets are included in the sale, allowing for a seamless transition to new ownership. The gym operates efficiently with GymMaster access control software, providing members secure 24-hour access without requiring full-time front desk staff, resulting in minimal labor costs and efficient day-to-day operations. The upper level features four residential apartments, including three 2-bedroom units and one 3-bedroom unit. Each apartment is equipped with its own mini-split cooling system, all appliances are included, and the units are currently leased on annual agreements, providing reliable rental income from day one. Situated on 1.46± acres with city water and sewer, the property also benefits from a solar energy system installed in 2019, helping offset a significant portion of the utility expenses and increasing long-term operating efficiency. Whether you're looking to own and operate a successful fitness business, expand your investment portfolio, or enjoy multiple streams of income from one property, this rare opportunity delivers immediate cash flow and tremendous future potential. Schedule your private showing today and take the next step toward owning a profitable, turn-key business with built-in rental income!
Location
State IA
County Winneshiek
Zoning C / L 3+
Interior
Heating Forced Air, Natural Gas, Electric
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available, Sewer Available, Other Available
View Y/N true
Roof Type Metal
Building
Lot Description Club Facilities
Sewer Public Sewer
Others
Acceptable Financing NBR20263564
Listing Terms NBR20263564
Special Listing Condition Normal Sale
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Nearby School & Business
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United Country Midwest Lifestyle Properties
. | License ID: 76296
. License ID: 76296