For Sale
$3,998,000

124 Callender StLivingston, MT 59047

Two Thriving Gyms, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional investment opportunity presents two fully operational, high-performing fitness centers in the vibrant town of Livingston, Montana. The portfolio comprises two buildings totaling 6,615 square feet, boasting a combined 1,392 active members across both locations. Firehall Fitness, situated at 124 E Callender St, Livingston, MT 59047, occupies a historic 6,615 square foot building, recently renovated (2019-2022) with updated locker rooms and saunas. This location enjoys a strong, loyal customer base. The second location, Railyard Fitness, located at 126 E Chinook St, Livingston, MT 59047, offers approximately 4,360 square feet (leased land) and features recently updated HVAC systems. Both facilities are equipped with state-of-the-art fitness equipment and operate on a 24-hour access model. The portfolio boasts 100% occupancy, generating a substantial net operating income (NOI) of $478,024 and an attractive cap rate of 11.96%. The asking price is $3,998,000, translating to $604.38 per square foot. Livingston's thriving community, proximity to Yellowstone National Park, and convenient access to major airports make this a truly unique and compelling investment opportunity in a rapidly growing market. This turnkey operation offers immediate cash flow and significant potential for future growth.

Highlights

  • Two fully operational fitness centers in Livingston, Montana, totaling 6,615 square feet.
  • 1,392 active members across both locations.
  • Recently renovated facilities with updated amenities (2019-2022).
  • State-of-the-art equipment and 24-hour access.
  • 100% occupancy, generating $478,024 NOI and an 11.96% cap rate.
  • Asking price: $3,998,000 ($604.38/SF).

Property Details for 124 Callender St

Property type
Specialty properties, Retail space
Square Feet
6,615 SF
Year Renovated
2019
Buildings
2

Location Insight

City
Livingston
County
Park
State
Montana
Latitude
45.6618048
Longitude
-110.5590536
124 Callender St, Livingston, Montana

FAQs

What type of property is this?
Specialty property - Two Thriving Gyms, Turnkey Operation
Where is the specialty property located?
The property is located at 124 Callender St Livingston, MT.
What is the asking price?
The asking price for this property is $3,998,000.
What are key features of this property?
This property features: Two fully operational fitness centers in Livingston, Montana, totaling 6,615 square feet.; 1,392 active members across both locations.; Recently renovated facilities with updated amenities (2019-2022).
How can I contact the broker?
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124 Callender St
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