Bowling Alley - Houghton Lk - 8989 Nottingham

Retail-Commercial for Sale
Catylist Listing ID: 30296412
Building Size (RSF): 17,400 SF
Gross Building Area: See Agent
Sale Price: $425,000
Unit Price: $24.43 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 6/16/2020

Overview / Comments

Currently a well established seasonal bowling alley - open 9 months a year - Closed June - August. Much opportunity to expand current business to a Sports Bar / Gentleman's Club - has Class C bar licence included in the sale.... commercial kitchen on site not being used - Limited menu offering only Burgers and Pizza. Averages monthly sales $30k. Numerous bowling leagues and bowling events during the fall and winter months. Bowling alley has 12 lanes - with new Brunswick lane cleaner ($90K). Large bar area with pool tables and shuffleboard. Sale includes all restaurant equipment, fixtures and inventory. Additionally, 2 adjacent residential parcels of land are being sold with the property. Total acreage is 2.8 with other parcels included

Additional Details

Nearest MSA: Traverse City
County: Roscommon
Tax ID/APN: 0060330160311

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,892 5,088
Median Age: 50.12 51.72
Households: 869 2,403


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.