Gymnastics Facility

Industrial for Sale
Catylist Listing ID: 30857341
Property Subtypes: Mixed Use, Light Industrial, Warehouse/Distribution
Building Status: Under Construction
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.67 SF
Sale Price: $1,200,000
Unit Price: $120 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/17/2023

Overview / Comments

On the market for the first time in years, this charming youth play gym, along with the building, lot, inventory and client list can be yours. The long time owner is ready to retire and is selling this cash flowing business and property. Originally 8,525 sf, the building has added space inside to take it to approximately 10,000 sf. Transition at closing will be seamless as you will be able to continue the business from closing date and owner is willing to stay on for a bridge period to help retain monthly fee clients.

Additional Details

Nearest MSA: Knoxville
County: Blount
Tax ID/APN: 005058BA01000
Highway Access: In Maryville, take Sevierville Road to Cherokee Street
Site Description: Flat level lot surrounded by other businesses
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,000 SF
Year Built: 1986
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,786 40,000 72,724
Median Age: 33.64 40.1 40.74
Households: 2,390 16,046 29,134
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