415 Wingfield St - Health Club FOR SALE


Ruidoso, NM 88345
$3,400,000 USD
575-937-3931
415 Wingfield St, Ruidoso, NM for Sale
$3,400,000 USD
Health Club - FOR SALE
1/38
null | Request Cap Rate

415 Wingfield St
Ruidoso, NM 88345


HIGHLIGHTS

  • Heavy tourtist traffic area with over 1.9 million visits per year.
  • Large square footage with parking, a rare commodity in Ruidoso.
  • Easy Access and well known in the area.

OVERVIEW

This commercial property, zoned C-1, is conveniently located just a block from Midtown's vibrant shopping district, drawing in tourists from both near and far. 415 Wingfield is available for sale either as it stands or as a property only. Currently, it operates as an established athletic club with a rich history in Ruidoso, boasting over eighteen thousand square feet of space on more than an acre of land. The Ruidoso Athletic Club features more than fifteen exercise classes each week, a heated four-lane lap pool, sauna, hot tub, and bathrooms equipped with showers. Spanning approximately 18,632 square feet, this exceptional fitness center is ideally positioned in Midtown, offering members and guests a diverse array of group fitness classes, personal training services, amenities, and state-of-the-art fitness equipment. Set on roughly 1.026 acres, the facility also provides ample parking for visitors and is located between two of the only three public parking facilities available for visitors, ensuring easy access to your business. The northernmost section of the building, originally built in 1941 by the Works Progress Administration (WPA) as a community gym, has been thoroughly renovated. The complex includes a spacious group fitness room, a racquetball court, cardio and weight training zones, locker rooms, a spa, a sauna, and an indoor four-lane lap pool measuring 32' x 75'. This pool features a roof-mounted photovoltaic solar system and security video cameras. The owner has made several enhancements and upgrades while preserving the character of the property. To the west lies Wingfield Park, which presents exciting possibilities. In winter, as the sun sets, Wingfield Park across the street transforms with seasonal decorations, lighting up the walking paths and offering ice skating in the pavilion. During the warmer months, the park becomes a hub for festivals, fairs, and concerts, creating a lively community spirit in this mountain sanctuary. The delightful tourist village of Ruidoso is perched at an elevation of nearly seven thousand feet. Ruidoso draws 1.9 million visitors each year, attracted by its pleasant weather, horse racing, casinos, hiking trails, beautiful mountain lakes, multiple golf courses, and skiing with sledding options. This presents an exceptional business opportunity with ample parking in a prime location, offering endless possibilities for growth. Don’t miss out on this rare chance! For further information and details, please contact Joe Coakley at the provided phone number or via email.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

92

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,636 SF

ZONING

C-1

APN/PARCEL ID

4072065086147000000

ASK ABOUT THIS PROPERTY

Joe CoakleyRuidoso Athletic ClubMore Info
575-937-3931

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Joe CoakleyRuidoso Athletic ClubMore Info
575-937-3931

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.