Fitness & Gym

Salem, UT Fitness Centers & Gyms for Sale

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Woodland Hills, UT Elk Ridge, UT Payson, UT Santaquin, UT Spanish Fork, UT Benjamin, UT Mapleton, UT Springville, UT
Fitness Center With Office Space
Updated: Mar 27
Fitness Center With Office Space

576 W STATE ROAD 198, Salem, UT 84653

$1,400,000
0.67 AC lot
0.67‑acre commercial property in Salem
Currently configured for dance studio and indoor training use
Includes office space, private and public restrooms, and a retail mezzanine
Paved parking and outbuildings on site
Built in 2004 with central air and evaporative cooling
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Fitness Center with Office Space
Updated: Aug 21
Fitness Center with Office Space

576 W State Road 198, Salem, UT 84653

$1,400,000
10,250 sqft
10,250‑square‑foot fitness facility
Currently used as a dance studio
Indoor training facility included
Office space within the property
Built in 2004
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Dance Studio Investment
Two-Story Dance Studio Investment

104-445 N 700 W, North Salt Lake, UT 84054

$1,100,000
5,158 sqft

Single-tenant, two-floor studio property currently operating as a dance studio with a recently renewed lease.

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Two-Floor Fitness Studio Investment
Two-Floor Fitness Studio Investment

445 N 700 W Unit #104, North Salt Lake, UT 84054

$1,100,000
5,158 sqft

Turn-key two-story commercial property operating as a dance studio with long-term tenant lease renewal.

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Mountain Resort with Activity Center
Mountain Resort with Activity Center

1989 N Dry Lakes Rd, Brian Head, UT 84719

$8,495,000
24,263 sqft 60.19 AC lot

Resort property with lodging, event, and recreation facilities.

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Mountain Resort with Activity Center
Mountain Resort with Activity Center

1989 N DRY LAKES RD, Brian Head, UT 84719

$8,495,000
24,263 sqft

Commercial-zoned retreat featuring lodging, event areas, recreation space, and utility infrastructure for group-oriented operations.

View details

Salem, UT Fitness Centers & Gyms Market Trends and Statistics

Explore 2 fitness centers & gyms for sale in Salem, UT on our real estate platform. These investment opportunities span a total of 10,250 square feet of properties for sale, with an estimated market value of $2,800,000.

Sale prices for gym buildings in Salem, UT average $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Fitness centers & gyms 2

Demographics Overview

Population 12K
Population Growth (5Y) +26.9%
Median Household Income $111,420
College Educated 53.8%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
84653 $1.4M

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $13.38 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Utah County

New Delisted

Total CRE Inventory on Market (SF)

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