Introducing an incredible investment opportunity at NEW CASTLE FITNESS CENTER, located at 2150 NEW CASTLE AVE, NEW CASTLE, DE 19720. This property offers a 1.58-acre lot with a 25,770 sqft facility featuring pools, a hot tub, sauna, steam room, fitness areas, and more. With a proposed NOI of $435,100, this turn-key business presents a lucrative option for investors or developers. Situated strategically near major national chains like Starbucks and Courtyard by Marriott, the property boasts exceptional transportation access and high visibility on one of Delaware's busiest roads. Recent renovations have enhanced the premises, allowing for the potential separation of the fitness and swim businesses. Additionally, the property benefits from proximity to key transport hubs like I-95, ILG Airport, NJ Turnpike, and rail connections, making it a prime location for business growth. Don't miss the chance to own this income-producing asset with substantial upside potential in a highly desirable location.
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Listing Snapshot
Price
$4,500,000
Days Online
175 Days
Bedrooms
N/A
Inside Area (SqFt)
23,770 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.58 Acres
Year Built
1987
MLS® Number
DENC2056988
Status
Active
Property Tax
$17,709
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
6 months ago
Listing first seen online
7 months ago
Listing updated with changes from the MLS®
General Features
Acres
1.58
Parking Spaces
67
Property Sub Type
Business
Sewer
Public Sewer
SqFt Total
23770
Water Source
Public
Interior Features
Cooling
Central Air
Heating
CentralNatural Gas
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Community Features
MLS Area
New Castle/Red Lion/Del.City (30904)
Listing courtesy of The Moving Experience Delaware Inc. 3023997728
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