207 Jay St Saint Paul, NE 68873-1718
This exceptional 8,712 square foot office building, located at 207 Jay Street in St. Paul, Nebraska, presents a unique investment opportunity. Currently operating as a well-established fitness center, D-D Gym LLC, the property boasts nearly 50 pieces of cardio, strength, and circuit training equipment, including five free weight racks. Recent renovations include fresh paint throughout and completed repairs and maintenance, ensuring the space is move-in ready. The gym features a 24/7 access entry system, a dedicated area for exercise classes, and a consistent base of monthly and annual memberships. The building's prime location at the corner of Highway 281 and Jay Street offers excellent visibility and accessibility. A security system is already installed. The substantial square footage allows for potential expansion or diversification of uses beyond its current fitness operation. The asking price for this turnkey business and property is $362,000. This is a rare chance to acquire a profitable, established business with significant growth potential in a desirable location. The zip code is 68873.
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
03-COMMERCIAL · Saint Paul, NESaint Paul. Always verify with local authorities before improvements.
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.