1600 7Th StSioux City, IA 51101

Property Details for 1600 7Th St

Lot size

2.81 AC

Property size (Sq ft)

82,000 SF

Property type

Specialty properties

Property subtype

Retail space

Description

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.

Location Insight

City

Sioux City

County

Woodbury

State

Iowa

Latitude

42.4968

Longitude

-96.39

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