17 George St Arcanum, OH 45304-1106
This exceptional commercial property located at 17 W George Street, Arcanum, Ohio, presents a lucrative business opportunity. The 5,920 square foot building sits on a 0.06-acre lot and is currently operating as a successful gym with over 100 members and a proven track record of profitability. All existing equipment is included in the sale price of $110,000, allowing for immediate operation. The gym's layout is designed for optimal functionality, featuring three distinct workout rooms, each fully equipped. A relaxing sauna and comfortable sitting area provide added amenities for members. The upstairs area boasts attractive laminated flooring and a modern drop ceiling. The property is currently leased on a year-to-year basis, offering flexibility for the new owner. This turnkey operation provides a rare chance to acquire an established, profitable business with significant growth potential. The property's prime location in Arcanum, Ohio, ensures convenient access for a wide range of clientele. This is an exceptional opportunity for an entrepreneur seeking a ready-made business with established clientele and immediate revenue generation. Don't miss this chance to own your own thriving fitness center.
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Arcanum Community Fitness, LLC Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.