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876 Dakota Ave 3,660 SF Retail Building Thorsby, AL 35171 $749,900 ($204.89/SF) 9% Cap Rate


Investment Highlights
- Established monthly residual income and customer base.
- Turn key business already set up with equipment and systems.
Executive Summary
Discover a prime opportunity to acquire a thriving gym with an established customer base and residual income! This successful facility, operating for over 2 years, features over 280 active members, ensuring a steady stream of revenue.
Located in a high-traffic area, the gym is easily accessible and highly visible, attracting new clients consistently. The fully equipped facility includes modern cardio and strength training machines, child care, along with amenities like locker rooms, saunas, red light therapy bed, tanning bed and a juice/drink bar, enhancing the member experience.
With additional income generated from personal training sessions, group classes, and merchandise sales, this gym offers multiple revenue streams. Financials reflect steady growth, with significant potential for expansion through new services and marketing strategies.
Don’t miss out on this lucrative investment! For more details or to schedule a visit!
Located in a high-traffic area, the gym is easily accessible and highly visible, attracting new clients consistently. The fully equipped facility includes modern cardio and strength training machines, child care, along with amenities like locker rooms, saunas, red light therapy bed, tanning bed and a juice/drink bar, enhancing the member experience.
With additional income generated from personal training sessions, group classes, and merchandise sales, this gym offers multiple revenue streams. Financials reflect steady growth, with significant potential for expansion through new services and marketing strategies.
Don’t miss out on this lucrative investment! For more details or to schedule a visit!
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
3,660 SF
Building Class
B
Year Built/Renovated
1993/2024
Price
$749,900
Price Per SF
$204.89
Cap Rate
9%
NOI
$67,491
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Zoning
Commercial
Frontage
74’ on Dakota Rd
Amenities
- 24 Hour Access
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 1103062002009003 | Improvements Assessment | $26,520 |
| Land Assessment | $6,620 | Total Assessment | $33,140 |
Property Taxes
Parcel Number
1103062002009003
Land Assessment
$6,620
Improvements Assessment
$26,520
Total Assessment
$33,140
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876 Dakota Ave
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