1515 Campbell St, Jackson, TN 38305

35,604 SF | Retail Building | Jackson, TN 38305 | $1,300,000 ($37/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,300,000

Property Type
Retail, Health Care
Square Feet
35,604 SF
Price / Square Foot
$37

Listing Contacts

Marquis Jones
Marquis Jones
Verified Profile
  • Property Info

Property Overview

Available for sale is a commercial health club property that promises significant potential for value addition. Spanning an impressive 45,451 square feet of gross building area and set on a vast 28-acre lot, this property is strategically positioned to attract health and fitness enthusiasts, making it a lucrative investment for savvy investors and brokers. Property can be built on. New Sewer and Electric installed

Key Highlights:
1. Substantial Space:
The expansive 45,451 square feet building offers ample space to develop a comprehensive health and wellness facility. With the right vision, this property can be transformed into a premier fitness destination, featuring state-of-the-art equipment, wellness services, and recreational amenities.
2. Expansive Land:
The property includes 28 acres of land, providing abundant room for potential expansions, outdoor activities, or additional facilities. This extensive space opens up diverse possibilities for creative development to enhance the property's appeal and functionality.
3. Renovation Potential:
Although the property requires renovations to restore its operational status, this presents a unique value-add opportunity. Investors can tailor the refurbishments to meet modern standards and preferences, significantly increasing the property's market value and attractiveness.
4. Below Appraised Value:
This property is being offered at a price below its appraised value, making it an attractive proposition for investors seeking substantial returns. The favorable pricing combined with the potential for improvements ensures a high return on investment.
5. Strategic Location:
Located in Jackson, TN, the property benefits from a strategic position within a growing community. The area boasts a robust market for health and fitness services, ensuring a steady demand for the offerings of a well-developed health club.
Investment Potential:
This commercial health club property represents a prime opportunity for investors to capitalize on a high-potential asset. By leveraging the existing structure and enhancing it through strategic renovations, investors can significantly increase the property's value, appeal, and profitability. The substantial land area further amplifies the possibilities for innovative development and expansion.
Don't miss out on this chance to secure a valuable asset at an attractive price point. Whether you're a broker looking to present a compelling opportunity to your clients or an investor seeking a high-potential property, this commercial health club in Jackson, TN is poised to deliver impressive returns. Act now to explore the full potential of this remarkable investment opportunity.

Property Details

Class
B
Year Built
1971
Stories
1
Lot Size (sq. ft)
1,219,680 SF

Highlights

  • Ample space to develop a comprehensive health and wellness facility.
  • Represents a prime opportunity for investors to capitalize on a high-potential asset.
  • Property benefits from a strategic position within a growing community.
  • This property is being offered at a price below its appraised value, making it an attractive proposition for investors.

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