412 N Truman Rd - Retail FOR SALE


Jasper, IN 47546
$1,130,000 USD
412 N Truman Rd, Jasper, IN for Sale
$1,130,000 USD
Retail - FOR SALE
1/21
null | Request Cap Rate

May '27


412 N Truman Rd
Jasper, IN 47546


HIGHLIGHTS

  • Established Business 50 plus years of success

OVERVIEW

Here is rare opportunity to acquire an established, highly regarded, profitable dance and gymnastics business along with its purpose-built facility. Hodgini School of Dance & Gymnastics has served generations of families in the Jasper community since 1969 and is being offered for sale as a complete package—including the building, business, furniture, equipment, and inventory. HODGINI IS NOT CLOSING. The current owners are planning to retire and are seeking the right new owner to continue the business and its legacy of serving local families for decades to come. On the 9,834 sq. ft. main floor, you will find an 8,075 sq. ft. gym area featuring a spring-loaded competition floor, two Resi foam pits, two vaulting runways, and spectator seating for 80 people. A separate 770 sq. ft. dance studio features a wood floor and full-length mirrors. The facility also offers 40 asphalt parking spaces and a 10' tall overhead door for convenient equipment access. Upstairs is a full studio apartment, providing additional flexibility for an owner, manager, or rental use. The sale provides a turnkey opportunity for a new operator to step into an established business with an exceptional facility and equipment package. The new owner will be permitted to continue using the Hodgini name for a designated transition period before adopting a new business name

FOR SALE DETAILS

PRICE

$1,130,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Hodgini School of Dance & Gymnastics

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Residential, Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

19-06-34-101-511.001-002

ASK ABOUT THIS PROPERTY

Steve LukemeyerF.C. Tucker Emge REALTORSMore Info

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Steve LukemeyerF.C. Tucker Emge REALTORSMore Info

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