Log In/Sign Up
Your email has been sent.
140 NE Yellow Pine Ave 5,000 SF Retail Building Madison, FL 32340 $850,000 ($170/SF) 10% Cap Rate
INVESTMENT HIGHLIGHTS
- gym
- multi-use
- functional fitness
EXECUTIVE SUMMARY
Located right off Hwy 90 in Madison, Florida, this 5,000 sq ft commercial building is home to a well-established, high-performing functional fitness gym and sits on 2 acres of commercially zoned land. This turnkey business opportunity offers incredible visibility, a great location, ample space, and a loyal client base. The building features central heating and air, two bathrooms, a large multipurpose room ideal for private sessions or additional classes, and a huge roll-up door that opens to a spacious backyard area. There’s also plenty of parking available for clients and staff.
The gym comes fully equipped with an abundance of fitness equipment, allowing for a wide variety of training styles and programs. A detailed equipment list can be provided upon request. The business itself is a cornerstone of health and wellness in Madison County, offering a wide range of fitness classes that cater to seniors, students, and everyone in between. One of the key advantages of this gym is its ability to bill insurance companies, making it a valuable resource for the local community. With strong community support and a growing membership base, this is a rare opportunity to own both a thriving business and the real estate it operates from. Whether you're a fitness entrepreneur, investor, or looking to expand into the health and wellness industry, this property is ready for immediate operation and future growth. Don’t miss your chance to invest in one of Madison’s most dynamic commercial properties.
The gym comes fully equipped with an abundance of fitness equipment, allowing for a wide variety of training styles and programs. A detailed equipment list can be provided upon request. The business itself is a cornerstone of health and wellness in Madison County, offering a wide range of fitness classes that cater to seniors, students, and everyone in between. One of the key advantages of this gym is its ability to bill insurance companies, making it a valuable resource for the local community. With strong community support and a growing membership base, this is a rare opportunity to own both a thriving business and the real estate it operates from. Whether you're a fitness entrepreneur, investor, or looking to expand into the health and wellness industry, this property is ready for immediate operation and future growth. Don’t miss your chance to invest in one of Madison’s most dynamic commercial properties.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
2008/2022
Price
$850,000
Price Per SF
$170
Cap Rate
10%
NOI
$85,000
Business Value
$350,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.00 AC
Zoning
Commercial - Commercial
Parking
35 Spaces (7 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Restaurant
- Signage
- Tenant Controlled HVAC
PROPERTY TAXES
| Parcel Number | 23-1N-09-4744-001-001 | Improvements Assessment | $172,441 |
| Land Assessment | $105,415 | Total Assessment | $277,856 |
PROPERTY TAXES
Parcel Number
23-1N-09-4744-001-001
Land Assessment
$105,415
Improvements Assessment
$172,441
Total Assessment
$277,856
1 of 57
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
140 NE Yellow Pine Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.