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Mixed-Use Brick Building with Fitness
For Sale
Contact for pricing
Pending

230 W 4th St, Saint Ansgar, IA 50472

Brick double-front building features a full fitness setup on lower levels and four rental apartments upstairs.

Property Size7,900 SF
Days on Market148

Property Features for 230 W 4th St

General Information

Standard status Pending
Size 7,900 SF
Property subtype Retail, Office, Industrial

Additional Details

Business Included Yes
Multifamily Units 4
Listing Agency: Kolbet realtors
Listed By: Philip Kolbet · License #IA B23079
Source: Crexi
Added: Apr 11 Changed: Sep 4 Last Checked: Sep 2 at 1:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kolbet realtors

Investment Insights

Based on property information with market context.

Stately brick double-front building on Main Street in St. Ansgar, Iowa, offering flexibility for multiple use configurations. The 7,900-square-foot building is currently operating as a weight and fitness center on the first and basement levels, with a fitness room, rubber workout floor, and dedicated spin and yoga class areas.

The building’s fitness improvements include a range of weights and equipment on the first level, plus approximately 15 spin bikes and video equipment, with yoga mats and balance blocks in the yoga room. The second floor includes four apartments: two two-bedroom units, one one-bedroom unit, and one studio unit. Each apartment includes a range and refrigerator, and there is a shared laundry area on the second floor with a washer and dryer.

Depending on buyer preference, the first and/or basement levels can be repurposed to retail or office uses while maintaining residential units upstairs. Equipment on the first and basement levels can remain, and the spin class area equipment can also remain if desired.

Key Highlights

  • Approx. 7,900 SF brick double‑front building in St. Ansgar, IA
  • First and basement levels currently operated as a weight and fitness center; equipment can stay if wanted
  • Basement fitness room with rubber workout floor plus a spin class room with approx. 15 spin bikes and video equipment

Property Analytics

Current Use

Fitness centers & gyms

Suggested Use

Top Pick HVAC Service Electrical Service Grocery & Convenience Store Garden Center Pharmacy Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby
Balanced
Demand for This Use

Demographics for 50472, IA

2,402
Population
1,151
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
94%
High-School Grad
122.9 sq mi
ZIP Area
20
Density / Sq Mi
$86,538
Median Household Income
$51,524
Median Earnings
$843
Median Rent
$196,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Similar Off Market Nearby

  • Cedar Lanes 111 N School St, St Ansgar, IA 50472

Frequently Asked Questions

What type of property is this?
Fitness center & gym - Brick double-front building features a full fitness setup on lower levels and four rental apartments upstairs.
Where is this fitness center & gym located?
The property is located at 230 W 4th St Saint Ansgar, IA.
What are key features of this property?
This property features: Approx. 7,900 SF brick double‑front building in St. Ansgar, IA; First and basement levels currently operated as a weight and fitness center; equipment can stay if wanted; Basement fitness room with rubber workout floor plus a spin class room with approx. 15 spin bikes and video equipment
(641) 330-3916 Call to check price and availability
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