1600 7th Street Sioux City, IA 51101

Other MLS #: 826499 Courtesy Of Keller Williams Siouxland

Property InformationDescription

The sale includes the Real Estate st 1600 7th St. The 16,060 sq ft Parking lot. All the memberships and equipment. Company overview + The Target Opportunity is a full-service health club offering amenities in tennis, basketball, racquetball, pickleball, track, swim, and fitness, for all ages. The Club has extensive brand recognition in the region and is the area s go to for family recreation and fitness. The Club provides a historically consistent cash flow with multiple revenue streams. + Purchase opportunity includes 82,000 SF of indoor space on 4.29 acres of Real Estate, up to date maintenance, and excellent collateral value. + Strong post covid numbers + Strong management team is in place, with an average of 85 full and part time employees. Connected Member Base through Unique Offerings and Amenities Amenities offered such as Basketball, track, swimming, Personal Training, Full fitness Center, fitness classes, bicycling, Tennis, Racquetball, Pickle Ball, Child Care and so much more than a typical gym. Detailed Information: + Inventory is included in asking price + Real Estate is Owned and included in asking price (mid town location) + Building Sq ft: 82,000 Sq Ft + Employees: 85 full and part time including management teams + Facilities: All FF&E to be included in the space + Great option for a 1031 exchange + Support staff would like to remain in place
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Exterior Type: Block
  • Heating System: Forced Air
  • Legal Description: MARY TREGLIA LOTS 19 & 20 AND THE N 142.4 FT OF LOT 18
  • MLSID: 826499

MAP & DIRECTIONS

Get Directions
1600 7th Street, Sioux City, IA 51101
View Directions
Copyright © 2024 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.