Commercial Gym

Business Opportunity for Sale
Sale Pending
Catylist Listing ID: 30712616
Property Subtypes: Health and Medical, Office, Professional Services
Status: Pending
Building Size (RSF): 8,050 SF
Sale Price: $725,000
Name of Establishment: Iron Warrior Gym
Business Website Address: https://www.ironwarriorgymllc.com/
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: cash or conventional loan
Last Updated: 3/26/2021

Overview / Comments

Great opportunity to own a large building and nice size lot in the Heart of Fairhope Alabama. This offering includes a Large Metal building that is currently being used as a 24 hour access Gym and workout facility. The building is equipped with HVAC, insulated walls, a 15' roll up door, 35' ceiling height, multiple bathrooms, an office, and multiple rooms. There is plenty of parking in the back of the building and it's just a couple of hundred yards off of Hwy. 98. Located across from Hope Farms a very popular restaurant and next door to Fairhope Brewery this building and property is well situated for a multitude of uses. The business is being conveyed with the sale of the property as well as the current contracts, the workout equipment, all of the weights, smith machines, dumbbells, tanning bed, cameras, access security system and the "Big Ass" fan that keeps the building at a constant temperature and helps reduce the utility cost. This building and business is move in ready and poised for growth. This is a great opportunity to purchase a premier location, with a functional business generating cash flow in one of the fastest growing areas in the Southeast.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Industry Segment: Health Clubs and Spas
Value of Inventory Included ($): $125,000
Value of Furniture, Fixtures, and Equipment ($): $10,000
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,481 15,768 32,263
Median Age: 46.87 46.16 43.2
Households: 3,428 6,971 13,110

Contact

Photograph of Listing Agent

David Kahalley

Shamrock Properties Gulf Coast CMLS Member
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