101 Old S Church St Mountain City, TN 37683-2500
This exceptional opportunity presents a turnkey 3,000 sq ft gym in Mountain City, TN, built in 2016. Located on 2.3 acres at 101 Old South Church St, this single-story facility boasts a spacious layout ideal for diverse fitness activities, including cardio, strength training, and group classes. The gym is fully equipped with various machines and free weights, and offers 24-hour access. It's known for its clean, safe, and family-friendly environment, and benefits from a loyal member base cultivated since 2009. Situated in a picturesque Appalachian Mountain setting, this business enjoys high visibility and convenient access from major roads. The current owner is willing to assist with the transition, and the existing staff is eager to continue their employment. This presents a unique chance to acquire a profitable, established business with significant land, offering potential for future expansion. The asking price is $525,000, representing $175 per square foot. Don't miss this chance to own a thriving fitness center in a beautiful, welcoming community.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.