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    OFF-MARKET
    Retail properties & Spaces

    0 Fitness Ctr, Worcester, MA 01601

    24,750 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional fitness center presents a lucrative investment opportunity in Worcester, Massachusetts. Located at [Address withheld for privacy], this 24,750 square foot retail property is currently operating at 100% occupancy under a Triple Net Lease (NNN). The asking price is $180,000. The business itself boasts a strong reputation within the community, having served its members for an extended period. The facility offers a comprehensive range of fitness equipment, a diverse weekly class schedule encompassing various activities, and the convenience of 24-hour access. Included in the sale are the existing fitness equipment and furnishings (FF&E). The current staffing model includes two W-2 employees and two 1099 independent contractors, supplemented by nine contracted trainers. Support and training for the new owner will be determined upon sale. The property is situated in Worcester County, MA, zip code 01601, and benefits from limited competition within the local market. This turnkey operation offers immediate income generation and significant potential for future growth. Financial details and further information are available upon request. This is a rare opportunity to acquire a well-established and profitable fitness center in a desirable location. Serious inquiries only.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 24,750 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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