410 Campus Dr - Health Club FOR SALE


Calmar, IA 52132
$769,900 USD
319-352-1157

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$769,900 USD
Health Club - FOR SALE
null | Request Cap Rate

410 Campus Dr
Calmar, IA 52132


HIGHLIGHTS

  • Fully operational 24-hour fitness center with business assets and commercial-grade equipment included in the sale.
  • Built in 2017 and designed for efficient day-to-day operation with secure GymMaster access control software.
  • Four leased residential apartments provide immediate rental income from annual lease agreements.
  • Upper level includes three 2-bedroom units and one 3-bedroom unit with appliances included.
  • Solar energy system installed in 2019 helps offset utility expenses and supports operating efficiency.
  • Situated on 1.46 acres with city water and sewer service.

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$769,900 USD

PRICE/SF

$84 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

-

APN/PARCEL ID

143525901900

ASK ABOUT THIS PROPERTY

Timothy LalkCentury 21 SRE Real EstateMore Info
319-352-1157

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Timothy LalkCentury 21 SRE Real EstateMore Info
319-352-1157

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.