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808 4th Street NE Hampton, IA 50441 Commercial - Retail

  • 808 4th Street Ne, Hampton, IA 50441 Main Photo

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Description

Professional Office Building with Turn-Key Fitness Center - Investment Opportunity. Built in 2005, this well-maintained, office building offers a rare investment opportunity with multiple income streams. The property features three private offices, a conference room ideal for small group meetings, a storage room w/ kitchenette, and reception area. A shared entry foyer provides separate entrances for each unit. A standout feature is the fully operational, established fitness center, generating guaranteed monthly income. Equipped with commercial-grade fitness equipment (full inventory available upon request), a wireless music system, and 24-hour keyless entry for members. Thriving membership base, strong recurring revenue, and a proven track record of profitability, the fitness center is truly turn-key-perfect for investors or fitness professionals. Additional value is provided by an on-site tanning business and the potential for lease income from the three professional office spaces. The current owner is open to remaining as a tenant, offering instant occupancy and cash flow. Whether you're an investor, business professional, or fitness entrepreneur, this is a unique opportunity to own a multi-use building with built-in income and long-term growth potential. Serious inquiries only. Financials and additional documentation available with signed NDA

Property Highlights

Property Type: Commercial - Retail
Year Built: 2005

General Information

County: Franklin
Listed By:
Century 21 Preferred 641-424-9400
No Coast MLS
$649,000
Est. $4,289/mo
Active
SQUARE FEET4,500 MLS#6337747
STATUS PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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808 4th Street Ne, Hampton, IA 50441.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $649,000$649,000$649,000
Down Payment $129,800$22,715$162,250
Monthly Mortgage Amount $3,197$3,924$4,010
Taxes $903$903$903
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$286$0
Monthly Estimated Total $4,289$5,302$5,102

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