17 George StArcanum, OH 45304

  • Warehouses
  • 918 SF
For Sale
$110,000 View listing

Property Details for 17 George St

Year built
1900
Construction
BRICK
Lot size
0.06 AC
Property size (Sq ft)
918 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
P59-2-308-04-03-03-11801
APU
P59230804030311801

Description

This exceptional commercial property located at 17 W George Street, Arcanum, Ohio, presents a lucrative business opportunity. The 5,920 square foot building sits on a 0.06-acre lot and is currently operating as a successful gym with over 100 members and a proven track record of profitability. All existing equipment is included in the sale price of $110,000, allowing for immediate operation. The gym's layout is designed for optimal functionality, featuring three distinct workout rooms, each fully equipped. A relaxing sauna and comfortable sitting area provide added amenities for members. The upstairs area boasts attractive laminated flooring and a modern drop ceiling. The property is currently leased on a year-to-year basis, offering flexibility for the new owner. This turnkey operation provides a rare chance to acquire an established, profitable business with significant growth potential. The property's prime location in Arcanum, Ohio, ensures convenient access for a wide range of clientele. This is an exceptional opportunity for an entrepreneur seeking a ready-made business with established clientele and immediate revenue generation. Don't miss this chance to own your own thriving fitness center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $166,466
    Hospitality
    $152,482
    Educational
    $126,863
    Medical
    $131,226
    Retail
    $197,343

Location Insight

City
Arcanum
County
Darke
State
Ohio
Latitude
39.9914
Longitude
-84.554
CBSA code
24820
CBSA name
GREENVILLE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,055
$2,290
$20,240
$22,530
-
$6,530
$57,830
$64,360

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