$4,500,000

2150 New Castle Ave, New Castle, DE, 19720

23,770

Square feet

1.58

Acres

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.

Facts & Features

MLS® # DENC2056986
Price $4,500,000
Bathrooms 0.00
Square Footage 23,770
Acres 1.58
Year Built 1987
Type Commercial Sale
Sub-Type Sports and Entertainment
Status Active

Community Information

Address 2150 New Castle Ave
Area New Castle/Red Lion/Del.City (30904)
City New Castle
County NEW CASTLE-DE
State DE
Zip Code 19720
Senior Community No

Amenities

Is Waterfront No

Interior

Heating Central
Cooling Central A/C
Has Basement No
Fireplace No

School Information

District COLONIAL

Additional Information

Date Listed February 28th, 2024
Days on Market 65
Zoning CR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeThe Moving Experience Delaware Inc
Contact Info(302) 241-0899

Listing Map

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