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    17 George St Arcanum, OH 45304

    For Sale
    $110,000

    Established Gym, 100+ Members, Equipment Included

    Property size:
    5,920 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional commercial property located at 17 W George Street, Arcanum, Ohio, presents a lucrative business opportunity. The 5,920 square foot building sits on a 0.06-acre lot and is currently operating as a successful gym with over 100 members and a proven track record of profitability. All existing equipment is included in the sale price of $110,000, allowing for immediate operation. The gym's layout is designed for optimal functionality, featuring three distinct workout rooms, each fully equipped. A relaxing sauna and comfortable sitting area provide added amenities for members. The upstairs area boasts attractive laminated flooring and a modern drop ceiling. The property is currently leased on a year-to-year basis, offering flexibility for the new owner. This turnkey operation provides a rare chance to acquire an established, profitable business with significant growth potential. The property's prime location in Arcanum, Ohio, ensures convenient access for a wide range of clientele. This is an exceptional opportunity for an entrepreneur seeking a ready-made business with established clientele and immediate revenue generation. Don't miss this chance to own your own thriving fitness center.

    Property Features for 17 George St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,920 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Arcanum Community Fitness, ... Fitness Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Arcanum
    County
    Darke
    State
    Ohio
    Longitude
    -84.55401
    Latitude
    39.99136

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    FAQs

    What type of property is this?
    Commercial real estate - Established Gym, 100+ Members, Equipment Included
    Where is this commercial real estate located?
    The property is located at 17 George St Arcanum, OH.
    What is the asking price?
    The asking price for this property is $110,000.
    (937) 548-5464
    Request Owner's contact information
    17 George St Arcanum, OH 45304
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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
    17 George St Arcanum, OH 45304
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