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AR (2188)  >  Sharp County (22)  >  Ash Flat (2)  >  72513 (2)
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Commercial - 0 Bedrooms, 0 Bathrooms in ASH FLAT, AR 72513 for $1,750,000.00


 
Price: Appraise now!
$1,750,000.00
Street: 16 Nix Ridge Road
City State and Zip: ASH FLAT AR 72513
County: SHARP
(More Listings in SHARP)
Property Type: Commercial
Year Built: 2006
Sq. Footage: 12000

Estimated Payment:
$8,321.84 Per Month*

Mortgage Center:
Mortgage Loans, Refinance and Home Equity Loans


*Based on a 20% down payment ($350,000.00) with a 30 year mortgage at 5.92% interest. Change Assumptions.



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Description:

For sale is an established, operating business, the Family Fitness Center in Ash Flat, Arkansas - beside the Wal-Mart SuperCenter. This business opened in Jan of 2006 and is fully operational. The building is approx. 12,000 Sq Ft and consists of the following:1. One indoor raquetball court.2. Cardiovascular Training Area.3. Karate/Jui-Jitsu/Grappling Training Area.4. Four Tanning Beds/Rooms.5. Main Office.6. Employee Breakroom and Restroom.7. Snack and Relaxation Area.8. Indoor Walking/Running Track.9. Large Aerobics Area.10. Kid's Playroom (Kids Zone).11. Men's Locker room w/Private Showers.12. Utility Room w/Washer, Dryer, two Rinnai Tankless Water Heaters and storage.13. Women's Locker room w/Private Showers and 2 of the 4 tanning beds.14. Women's Only workout room w/weight machines.15. Women's Circuit Training/Stretching room.16. Large Coed Workout Area with both Free Weights and Weight Machines.17. SilverSneakers® workout equipment.Financial information is available to those who are truly interested and who actually put earnest money down for the purchase of this business. This business has been operating in the black since 2006 and has over 300 SilverSneakers® members as well as several hundred regular members. We employ 7 part-time employees who run the majority of the operations and my wife and I work irregular hours during the days and evenings overseeing operations. The local Ozarka College also uses our facility for their students that need PE credits. The building is of metal structure with 22-foot sidewalls to accommodate the indoor raquetball court. Our intention at a later date was to install an elevated running/walking track besides the one presently around the coed workout area. The structure is extremely well insulated with expanded foam insulation which keeps the heating/cooling costs reasonable. All internal rooms are of wood/drywall construction except for the racquetball court which was built by a company specializing in building these courts around the world. It is built of heavy-gauge steel studs with special tongue-n-groove paneling on the interior. Lighting in this room as well as throughout the facility are high-bay T8 fluorescent wired 277V for efficiency. The heating and cooling is done with five heatpumps wired 480V, 3-phase for efficiency. Water is heated very efficiently with two Rinnai Tankless water heaters that allow endless hot water which is great for the showers and washing of towels.We have two separate rooms for women as many women do not like to work out with men around. One room is loaded with weight machines, two treadmills, and a recumbent bike. The other is loaded with hydraulic equipment so the women can get a circuit-training workout in 30 minutes.Our coed workout area consists of numerous weight machines and free weight equipment. This area is about 5000 square feet which also consists of a large aerobics area and a running/walking track. The Family Fitness Center is located at 16 Nix Ridge Road which is just off the side road next to the Wal-Mart Supercenter in Ash Flat, Arkansas. The city of Ash Flat recently made two access roads from the Wal-Mart parking lot to this side road. The city recently paved this side road all the way through from one end to the other. Further down this road is a day care, the Ash Flat City Park, Veterans Museum, and a recently built community college, Ozarka. Ash Flat is at the center of Sharp County and is really beginning to explode. Across the highway is a residential development underway as well as commercial property that is not for sale at this time. The property is along the 62/412 east/west corridor, the east-to-west highway that begins in Springer, New Mexico and ends in Columbia, Tennessee. People from at least 3 counties (Sharp, Fulton, Izard) come to shop at this Wal-Mart SuperCenter.Recently added in the last few years is a new Pizza Hut, an O’Reillys Auto Parts Store, a Sonic Drive-In, and a large automatic/manual combination car wash. There is not much highway property left in Ash Flat and this is as close as you can get to Wal-Mart.If you are interested or have any questions, contact Mark Miller at the number given or on his cell phone 870-847-5829. The purchase price includes approx. 4 acres that the fitness center is located on which includes the parking lot, the building, plus the operating business. Price is negotiable.




AR 'By Owner' Properties: 2188
  • Acreage/Land:  101
  • apartment:  1
  • Commercial:  17
  • Condo/Townhome:  24
  • Farm/Land:  32
  • Farm/Ranch:  16
  • land:  21
  • Log Cabin/Home:  12
  • manufactured:  23
  • Mobile Home:  6
  • Multi-Family:  4
  • multifamily:  2
  • New Construction:  1
  • Other:  44
  • Rental Only:  90
  • Single Family:  1781
  • townhouse:  5
  • Vacation Home:  8
  SHARP County 'By Owner' Properties:  22
  • Acreage/Land:  1
  • Commercial:  1
  • land:  1
  • Single Family:  19
  ASH FLAT 'By Owner' Properties: 2
  • Commercial:  1
  • Single Family:  1

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