419 Kays Dr - Industrial FOR SALE


Normal, IL 61761 | 
$1,995,000 USD
309-242-8502
419 Kays Dr, Normal, IL for Sale
$1,995,000 USD
Industrial - FOR SALE
1/33
null | Request Cap Rate

419 Kays Dr
Normal, IL 61761


HIGHLIGHTS

  • 2.18 Acres (includes two parcels)
  • Multiple income-producing zones (open gym, studios, medical, physical rehab/training, café/juice bar area) support diversified revenue streams
  • 130 Parking Spaces
  • Space for adding another building or more parking spaces
  • Second floor for extra staffing, admin offices, bonus area
  • 19,200 SF of endless possibilities. Move-in ready business or customize by combining or partitioning rooms

OVERVIEW

2.18 Acres of versatile industrial commercial building currently operating as The Workout Company, o?ering a unique opportunity for owner-users, investors, or fitness operators. The property features a large open-concept main floor ideal for gym, training, warehouse, flex, or recreational use, along with an upper level and multiple oversized private rooms that create additional income potential through subleasing, personal training, wellness services, o?ces, or specialty fitness concepts. TWO parcels equaling 2.18 Acres!! Utilize the open floor plan or partition for a custom set up to suit your needs. The welcoming front entry includes a built-in beverage/protein bar area, creating an attractive customer experience from the moment clients walk in. The industrial layout provides flexibility for a wide variety of business uses while maintaining strong functionality and open usable space. ***** Existing gym equipment & business is negotiable and may be included with the sale, allowing for a potential turnkey fitness operation. Excellent opportunity to acquire a flexible commercial property with multiple revenue possibilities.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.18

LAND SF

94,961

ZONING

-

APN/PARCEL ID

14-22-476-018,14-23-351-006

ASK ABOUT THIS PROPERTY

Tom DibbleSVN | Core 3More Info
309-242-8502

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Tom DibbleSVN | Core 3More Info
309-242-8502

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