600 Union Street, Tracy, MN 56175

Property Description

Outstanding commercial investment opportunity with strong income potential and room for future growth! This impressive 60x131 commercial building, built in 2002, sits on a large 260x360 lot with a freshly resealed and striped asphalt parking lot measuring approximately 100x135. The property offers flexibility for investors or business owners alike, with the potential to subdivide additional lots for future development opportunities. One half of the building currently operates as a fitness center and includes all equipment in the sale, making it a true turn key business opportunity. The gym area features updated LED lighting, durable heavy-duty commercial tile flooring, showers, locker areas, bathrooms, a meeting room, and a secured FOB entry system with powered front doors and card reader access. Included are multiple commercial-grade treadmills and fitness equipment, providing immediate operational value. The opposite half of the building is currently under contract with Sanford Health, creating built in lease income potential and long-term stability. Separate heating and air conditioning systems allow each side to operate independently and efficiently. Additional highlights include maintenance free steel siding, Gerkin vinyl windows, steel-framed commercial doors, and newer Decra HD steel shingles with a transferable 50 year lifetime warranty. The gym area was repainted in 2020, adding to the clean and well maintained appearance throughout the property. Whether you are looking for an investment property, owner user opportunity, or an established fitness business with additional rental income, this versatile commercial property offers endless possibilities in a highly functional and modern space. 2 addition lots are part of the sale that could be used as residential.