45 Acre Bowling Alley/Restaurant/ Vacant Land
Special Purpose
for Sale
| Catylist Listing ID: |
29566188 |
| Property Subtypes: |
Sports/Entertainment
|
| Building Size (RSF): |
22,449 SF
|
| Gross Land Area: |
45 Acres
|
| Sale Price: |
$5,900,000 |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Sale Terms: |
Undisclosed, Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/17/2021 |
Overview / Comments
|
Well established bowling alley with 24 synthetic lanes. Updated digital screens and scoring equipment. Seating in the bowling alley for 638 people. Included is a lounge/ bar with seating for 94. Also included at the north end of the building is a 12,500 SF restaurant entertainment bar with the seating capacity of 480. Seller is willing to lease restaurant separately. The kitchen is extensive possibly catering and banquet opportunities. The owner spent over $700,000 in just kitchen equipment. On the contiguous 30 acres now operating 4 softball fields known as "Tags" a driving range and a put-put.
|
Additional Details
| Nearest MSA: |
Detroit-Warren-Dearborn |
| County: |
Livingston |
| Submarket/Township: |
Howell/Brighton Area |
| Tax ID/APN: |
0828100019 |
| Zoning: |
COMMERCIAL |
| Market Type: |
Medium |
| Property Located Between: |
Fenton and Ann Arbor. |
| Side of Street: |
West |
| Road Type: |
Paved |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
US 23 |
| Transportation: |
Highway |
| Highway Access: |
US 23 |
| Site Description: |
Well established bowling alley with 24 synthetic lanes. Updated digital screens and scoring equipment. Seating in the bowling alley for 638 people. Included is a lounge/ bar with seating for 94. Also included at the north end of the building is a 12,500 SF restaurant entertainment bar with the seating capacity of 480. Seller is willing to lease restaurant separately. The kitchen is extensive possibly catering and banquet opportunities. The owner spent over $700,000 in just kitchen equipment. On the contiguous 30 acres now operating 4 softball fields known as "Tags" a driving range and a put-put. |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
22,449 SF |
| Property Condition: |
Excellent |
| Year Built: |
1987 |
| Roof Type: |
Flat |
| Parking Type: |
Surface |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
The interior has been recently remodeled with state of the art equipment. |
| Zoning Description: |
Neighborhood Service District/ Commercial |
| Legal Description: |
SEC 28 Hartland Township Full Legal attached. |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
15,292 |
35,037 |
| Median Age: |
40.05 |
40.82 |
| Households: |
5,359 |
12,577 |
|
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