$615,000
Tracy, MN 56175
MLS# 7081036
7860 sqft


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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.

Details
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $615,000
Contingency: None
ListPrice: 615000
List Date: 2026-05-27
Office/Member Info
Association: WCAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 0
Waterfront YN: No
Year Built: 2007
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 360x260
Acres: 2.13
Foundation Size: 7860
Garage Stalls: 0
For Sale or Lease: For Sale
Assessment Pending: No
Location, Tax and Other Information
Legal Description: EASTVIEW ADDITION 01010001 LOTS 7,8,9,10 & 11 & PT VACATED 6TH ST E
Listing City: Tracy
Map Page: 999
Municipality: Tracy
School District: Tracy Area
School District Phone: 507-629-5500
Zip Plus 4: 86
Property ID Number: 311730110
Tax Year: 2026
Tax Amount: 14210
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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.
Directions: Take Union St East until you hit the dead end.
Accessible
Doors 36"+: 1
Fully Wheelchair: 1
No Stairs External: 1
Smart Technology: 1
Air Conditioning
Central Air: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 14210
Building Information
Building Finished SqFt: 7860
Building SqFt: 7860
Ceiling Height: 8-10
Construction Materials
Structured Insulated Panel: 1
Construction Status
Previously Owned: 1
Exterior
Metal: 1
Steel Siding: 1
Flooring
Heavy Duty: 1
Foundation
Slab: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Underground Utilities: 1
Miscellaneous Information
2+ Lavatories: 1
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Roof
Architectural Shingle: 1
Metal: 1
Pitched: 1
Sale Options
Sale Includes: Building, Business, Fixture/Equipment, Land
Sewer
City Sewer/Connected: 1
Stories
One: 1
Topography
Level: 1
Unit 1
Lease Expiration Date: 2026-12-31
Leased?: Yes
Unit Number: 1
Unit Details
Total Units: 2
Wall Description
Drywall: 1
Finished: 1
Water
City Water/Connected: 1
On Site Utilities
Electric Separate: 1
Heating Separate: 1
Hot Water Separate: 1
CMU Style
Business Opportunity: 1
Office: 1
Other: 1
Current Use
Business Service: 1
Commercial: 1
Office: 1
Other: 1
Professional Service: 1
Location Tax and Other Information
Postal City: Tracy
County: Lyon
State: MN
Zip Code: 56175
Complex/Dev/Subdivision: Eastview Add
Property Features
Accessible: Doors 36"+; Fully Wheelchair; No Stairs External; Smart Technology
Air Conditioning: Central Air
CMU Style: Business Opportunity; Office; Other
Construction Materials: Structured Insulated Panel
Construction Status: Previously Owned
Current Use: Business Service; Commercial; Office; Other; Professional Service
Exterior: Metal; Steel Siding
Flooring: Heavy Duty
Foundation: Slab
Fuel: Natural Gas
Heating: Forced Air
Lot Description: Underground Utilities
Miscellaneous Information: 2+ Lavatories
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics: Parking Lot
Roof: Architectural Shingle; Metal; Pitched
Sewer: City Sewer/Connected
Stories: One
Topography: Level
Wall Description: Drywall; Finished
Water: City Water/Connected

IDX
Listing Office: Heartland Real Estate Services LLC

Last Updated: June - 30 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.


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