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Two-Unit Fitness Center Property
For Sale
$380,000

708 N 18Th Street, Centerville, IA 52544

Fully leased commercial building near Highway 5 with separate office, storage, and wellness-oriented tenant spaces.

Property Size4,500 SF
Price / SF$84.44
Days on Market354

Property Features for 708 N 18Th Street

General Information

Standard status Active
Size 4,500 SF
Total Parking Spaces 16
Property subtype Commercial
Occupancy 100%

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $8,522

Building Details

Year Built 2005
Buildings 1
Units 2
Building Size 4,500 SF
Tenancy Multi
Owner Occupied No
Listing Agency: Bogle Realty LLC
Listed By: Lori Bogle · License #***
Source: Sweeneyrealestate
Added: Sep 12, 2025 Changed: Aug 30 Last Checked: Aug 30 at 3:15PM

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 Bogle Realty LLC

Investment Insights

Based on property information with market context.

This 4,500-square-foot commercial building contains two rental units and is offered as a building-only sale, excluding the operating businesses. Constructed in 2005, the property is fully leased and provides 16 on-site parking spaces.

The first unit combines office and storage areas with two bathrooms equipped with showers. The second includes storage space and one bathroom. Current occupants include Snap Fitness and a spa facility, giving the building an established fitness and wellness tenant profile.

Located at 708 N 18th Street in Centerville, Iowa, the property sits on the city’s north side near local shopping areas and just off Hwy 5.

Key Highlights

  • 4,500‑square‑foot commercial building constructed in 2005
  • Two rental units with office, storage, and bathroom areas
  • Unit One includes two bathrooms with showers

Property Analytics

Current Use

Fitness centers & gyms

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Grocery & Convenience Store Bakery Plumbing Service HVAC Service

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby
Balanced
Demand for This Use

Demographics for 52544, IA

7,481
Population
4,096
Households
1.8
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
138.3 sq mi
ZIP Area
54
Density / Sq Mi
$45,257
Median Household Income
$36,792
Median Earnings
$779
Median Rent
$114,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Centerville City Pool 712 W Lane St, Centerville, IA 52544
  • Snap Fitness Centerville 710 N 18th St, Centerville, IA 52544

Frequently Asked Questions

What type of property is this?
Fitness center & gym - Fully leased commercial building near Highway 5 with separate office, storage, and wellness-oriented tenant spaces.
Where is this fitness center & gym located?
The property is located at 708 N 18Th Street Centerville, IA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 4,500‑square‑foot commercial building constructed in 2005; Two rental units with office, storage, and bathroom areas; Unit One includes two bathrooms with showers
More about this property
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