For Sale
$3,400,000

1600 7Th St Sioux City, IA 51101

Thriving health club, 82,000 SF

Overview

Added:
Dec 11, 2024
Days on market:
132
Exceptional opportunity to acquire a fully operational, 82,000 square foot health and fitness club located at 1600 7th Street in Sioux City, Iowa. This two-story facility, situated on a 2.81-acre lot (APN 894727301004), boasts over 30-foot ceilings and includes all equipment, memberships, and a 16,060 square foot parking lot. The property features a wide array of amenities, including basketball, racquetball, pickleball, tennis, a swimming pool, a track, and a full fitness center, catering to all ages and fitness levels. The club enjoys strong brand recognition in the region and generates a historically consistent cash flow from multiple revenue streams. Currently operating at 100% occupancy, this well-maintained facility benefits from a strong management team and approximately 85 full and part-time employees who are interested in remaining with the business. The asking price of $3,400,000 includes all fixtures, furniture, and equipment (FF&E), making this a turnkey operation. This presents a compelling investment opportunity, particularly suitable for a 1031 exchange. Financial records demonstrating consistent profitability are available upon request. The property's prime midtown location and extensive amenities ensure continued success.

Highlights

  • $3,400,000 asking price for this special purpose property.
  • 82,000 square feet on a 2.81-acre lot in Sioux City, IA.
  • 100% occupancy with a price per square foot of $60.37.
  • Two-story building with over 30-foot ceilings.
  • Includes all real estate, equipment, and memberships.

Property Details for 1600 7Th St

Property type
Specialty properties, Retail space
Square Feet
82,000 SF
Stories
2
Lot Size (sq. ft)
122,404 SF

Location Insight

City
Sioux City
County
Woodbury
State
Iowa
Latitude
42.4967927
Longitude
-96.3900151

FAQs

What type of property is this?
Specialty property - Thriving health club, 82,000 SF
Where is the specialty property located?
The property is located at 1600 7Th St Sioux City, IA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: $3,400,000 asking price for this special purpose property.; 82,000 square feet on a 2.81-acre lot in Sioux City, IA.; 100% occupancy with a price per square foot of $60.37.
How can I contact the broker?
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1600 7Th St
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