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    114 9Th St S Olivia, MN 56277

    For Sale
    $185,000

    Commercial - Olivia, MN

    Lot size:
    0.17 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 114 9Th St S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    350065000
    Parking features
    Paved or Surfaced
    Exterior features
    Steel Siding
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Wall Unit(s)

    Building Details

    Year built
    1975
    Roof type
    Metal
    Architectural style
    Other

    Truly Home Real Estate (507) 430-2251 [email protected]

    Listing agent Ingrid Moulton (320) 796-1010

    Listing date Nov 18, 2025

    MLS# 6808668 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Fitness Facility in Olivia

    This turnkey fitness facility in Olivia, Minnesota, presents a ready-made business opportunity. The 24-hour, 7-day-a-week gym is fully equipped with cardio equipment, circuit training machines, and free weights. A large open space at the back of the property is suitable for fitness classes or group training. Additional areas accommodate locker rooms and a tanning bed. The property features a Heartland Security system, a sprinkler system, and an updated interior. A sound system is installed. Parking includes on-street spaces and 4 to 5 private spots in the back for staff. The 0.172-acre lot is zoned for Business/Commercial use. The facility is ideal for a fitness center, personal training studio, or wellness facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Amplify Fitness

    Location Insight

    • Map
    • Local Demand
    City
    Olivia
    County
    Renville
    State
    Minnesota
    Longitude
    -94.989924
    Latitude
    44.775987

    Nearby Similar for Sale

    • $1,980,450
      Pending

      Renville County Farmland Opportunity

      Prime farmland with high Crop Productivity Index near Bird Island.
      810Th Ave, Olivia, MN 56277
      View Details

    FAQs

    What type of property is this?
    Fitness center & gym - 24/7 gym with equipment, open space, and updated interior.
    Where is this fitness center & gym located?
    The property is located at 114 9Th St S Olivia, MN.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Turnkey 24/7 fitness facility ready for immediate operation and income generation.; - Fully equipped with cardio equipment, circuit training machines, and free weights.; - Large open space suitable for fitness classes or group training.
    (320) 796-1010
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 9Th St S Olivia, MN 56277
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