Fitness & Gym

Salem, UT Fitness Centers & Gyms for Sale

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Woodland Hills, UT Payson, UT Elk Ridge, 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

$1,500,000
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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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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Flexible Shop and Office Property
Flexible Shop and Office Property

1111 & 1027 S 7th Street, Grand Junction, CO 81501

$3,100,000

Combined commercial offering with warehouse, office, gym, and fenced storage components across adjoining parcels.

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Remodeled Flex Space with Solar
Remodeled Flex Space with Solar

1027 S 7th Street, Grand Junction, CO 81501

$1,520,000

Leased commercial property combines renovated gym space with shop and warehouse areas for flexible business operations.

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Salem, UT Fitness Centers & Gyms Market Trends and Statistics

Explore 1 fitness centers & gyms for sale in Salem, UT on our real estate platform.

Sale prices for gym buildings in Salem, UT average $1,500,000 — 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 1
Golf courses & driving ranges 1

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 $1.5M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Utah County

Residential Income

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