101 Church StMountain City, TN 37683

  • Other commercial real estate
  • 3,000 SF
For Sale
$525,000 View listing

Property Details for 101 Church St

Year built
2016
Lot size
1.47 AC
Property size (Sq ft)
3,000 SF
Property type
Other commercial real estate
APN
046048 18300
APU
4604818300

Description

This exceptional opportunity presents a turnkey 3,000 sq ft gym in Mountain City, TN, built in 2016. Located on 2.3 acres at 101 Old South Church St, this single-story facility boasts a spacious layout ideal for diverse fitness activities, including cardio, strength training, and group classes. The gym is fully equipped with various machines and free weights, and offers 24-hour access. It's known for its clean, safe, and family-friendly environment, and benefits from a loyal member base cultivated since 2009. Situated in a picturesque Appalachian Mountain setting, this business enjoys high visibility and convenient access from major roads. The current owner is willing to assist with the transition, and the existing staff is eager to continue their employment. This presents a unique chance to acquire a profitable, established business with significant land, offering potential for future expansion. The asking price is $525,000, representing $175 per square foot. Don't miss this chance to own a thriving fitness center in a beautiful, welcoming community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $802,340
    Hospitality
    $734,940
    Educational
    $611,461
    Medical
    $632,490
    Retail
    $951,162
101 Church St, Mountain City, Tennessee

Location Insight

City
Mountain City
County
Johnson
State
Tennessee
Latitude
36.4691
Longitude
-81.803

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
2022
$1,705
$10,360
$50,080
$60,440
-
$25,900
$125,200
$151,100

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