124 Callender StLivingston, MT 59047

For Sale
$3,998,000

Two Thriving Gyms, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents two fully operational, high-performing fitness centers in the vibrant town of Livingston, Montana. The portfolio comprises two buildings totaling 6,615 square feet, boasting a combined 1,392 active members across both locations. Firehall Fitness, situated at 124 E Callender St, Livingston, MT 59047, occupies a historic 6,615 square foot building, recently renovated (2019-2022) with updated locker rooms and saunas. This location enjoys a strong, loyal customer base. The second location, Railyard Fitness, located at 126 E Chinook St, Livingston, MT 59047, offers approximately 4,360 square feet (leased land) and features recently updated HVAC systems. Both facilities are equipped with state-of-the-art fitness equipment and operate on a 24-hour access model. The portfolio boasts 100% occupancy, generating a substantial net operating income (NOI) of $478,024 and an attractive cap rate of 11.96%. The asking price is $3,998,000, translating to $604.38 per square foot. Livingston's thriving community, proximity to Yellowstone National Park, and convenient access to major airports make this a truly unique and compelling investment opportunity in a rapidly growing market. This turnkey operation offers immediate cash flow and significant potential for future growth.

Highlights

  • Two fully operational fitness centers in Livingston, Montana, totaling 6,615 square feet.
  • 1,392 active members across both locations.
  • Recently renovated facilities with updated amenities (2019-2022).
  • State-of-the-art equipment and 24-hour access.
  • 100% occupancy, generating $478,024 NOI and an 11.96% cap rate.
  • Asking price: $3,998,000 ($604.38/SF).

Property Details for 124 Callender St

Property type
Other specialty properties, Individual retail properties
Square Feet
6,615 SF
Year Renovated
2019
Buildings
2

Location Insight

City
Livingston
County
Park
State
Montana
Latitude
45.6618048
Longitude
-110.5590536
124 Callender St, Livingston, Montana

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124 Callender St
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