Current Use by Public Records
- Investment properties
Property Details for Lincoln Ave
- Year built
- 2009
- Property type
- Investment properties
Description
This exceptional fitness center, located on Lincoln Ave. in Saugus, MA, presents a unique opportunity for acquisition. The 11,000+ square foot facility, constructed less than 15 years ago, is a move-in ready business boasting a modern design and premium amenities. The expansive main workout area is equipped with state-of-the-art equipment, ready for immediate use. Dedicated spaces are available for personal training sessions, ensuring diverse revenue streams. Several private rooms are perfect for group fitness classes or specialized services such as massage therapy, adding further versatility to the business model. The property also includes office spaces suitable for administrative staff or independent contractors, allowing for flexible operational management and potential for additional income. This turnkey operation includes all existing equipment, minimizing the initial investment required for a new owner. The asking price is $1,000,000. This is an exceptional opportunity for experienced fitness entrepreneurs or investors seeking a high-return, established business. The property is situated on a lot of less than one acre. Don't miss this chance to own a well-maintained, high-end fitness facility in a prime location.
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
- Saugus
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9892
- Latitude
- 42.4595
