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26859099
26859112

7416 Frankford Ave, Philadelphia, PA 19136

MG
PA RS355101, NJ 2187718
Keller Williams Real Estate-Langhorne
Listed by Keller Williams Real Estate-Langhorne
$990,000
260 days on market
Updated 0 days ago

Mayfair Fitness

Details
Property Type Industrial, Retail
Sub Type Fitness Studio, Gym
Square Footage 6,720
Cap Rate 5.00%
Tenancy Single
Year Built 1945
Lot Size (SqFt) 6,720
Zoning CMX-25
Ground Lease No

Rare opportunity to acquire Mayfair Fitness—an established neighborhood gym with consistent members.

Marketing description

Rare opportunity to acquire Mayfair Fitness — a fully operational fitness center offered together with the prime commercial real estate it occupies in the heart of Mayfair, Philadelphia. This turnkey investment blends a well-established business with consistent membership revenue and the long-term security of property ownership. The facility features a full lineup of cardio and strength training equipment, locker rooms, showers, and spacious training areas, all included in the sale. Multiple revenue streams exist through memberships, personal training, and group fitness classes, with expansion potential into wellness services or boutique fitness concepts. The real estate itself offers excellent visibility on the high-traffic Frankford Avenue corridor, strong street presence, and a flexible layout adaptable to a variety of uses. Located in a thriving neighborhood with strong demographics and limited direct competition, this offering delivers immediate income, long-term appreciation, and multiple exit strategies for investors, developers, or owner-operators. All furniture, fixtures, and equipment (FF&E) transfer with the sale. Priced at $990,000 — cash, conventional, and other financing considered.

Investment highlights

Dual-asset acquisition: established operating business plus income-producing real estate

• Turnkey fitness facility — all FF&E, equipment, and memberships transfer with the sale

• Multiple revenue streams: memberships, personal training, and group fitness classes

• 6,720± SF masonry building on a 3,360 SF lot with CMX-25 zoning flexibility

• Strong Frankford Avenue visibility with heavy foot traffic and neighborhood demographics

• Immediate income potential with existing member base and recurring revenue

• Expansion upside into wellness services, boutique fitness concepts, or redevelopment

• Favorable financing: Cash, Conventional, and Other terms accepted

• Low property taxes: $6,152/year (2025 assessment)

Listing Contacts

MG
PA RS355101, NJ 2187718
Keller Williams Real Estate-Langhorne
Listed by Keller Williams Real Estate-Langhorne

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Additional Information

Name
Michael Greene
License
RS355101
Brokerage
Keller Williams Real Estate
Brokerage Phone
(215) 757-6100
Title
Real Estate Sales Person
Brokerage Address
584 Middletown Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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