Current Use by Public Records
- One Combat Academy / Gym & Fitness Center
- R K Solid / Gym & Fitness Center
- Siouxland Acceleration / Gym & Fitness Center
- Bellisima Aesthetics and Health / Spa & Massage Center / Alternative Medicine Practice
- 2B Imperium / Gym & Fitness Center
Property Details for 1600 7Th St
- Lot size
- 2.81 lot acres
- Property type
- Specialty properties
- Property subtype
- Retail space
Description
Exceptional opportunity to acquire a fully operational, 82,000 square foot health and fitness club located at 1600 7th Street in Sioux City, Iowa. This two-story facility, situated on a 2.81-acre lot (APN 894727301004), boasts over 30-foot ceilings and includes all equipment, memberships, and a 16,060 square foot parking lot. The property features a wide array of amenities, including basketball, racquetball, pickleball, tennis, a swimming pool, a track, and a full fitness center, catering to all ages and fitness levels. The club enjoys strong brand recognition in the region and generates a historically consistent cash flow from multiple revenue streams. Currently operating at 100% occupancy, this well-maintained facility benefits from a strong management team and approximately 85 full and part-time employees who are interested in remaining with the business. The asking price of $3,400,000 includes all fixtures, furniture, and equipment (FF&E), making this a turnkey operation. This presents a compelling investment opportunity, particularly suitable for a 1031 exchange. Financial records demonstrating consistent profitability are available upon request. The property's prime midtown location and extensive amenities ensure continued success.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sioux City
- County
- Woodbury
- State
- Iowa
- Longitude
- -96.39
- Latitude
- 42.4968
