1031 Mills St - Bowling Alley FOR SALE


Black Earth, WI 53515
$579,000 USD
608-898-0691
1031 Mills St, Black Earth, WI for Sale
$579,000 USD
Bowling Alley - FOR SALE
1/22
null | Request Cap Rate

1031 Mills St
Black Earth, WI 53515


HIGHLIGHTS

  • Offered at $579,000, including real estate, business, and all FF&E for a true turnkey acquisition.
  • Features eight original wood bowling lanes with authentic character and well-maintained finishes.
  • Multiple revenue streams from bowling, leagues, bar service, food offerings, and private events.
  • Includes a central bar with integrated food service capabilities and an attractive social layout.
  • Outdoor patio space provides additional seating and seasonal revenue potential.
  • Located near Madison, Wisconsin, with access to a strong local customer base and regional traffic.

OVERVIEW

Black Earth Lanes offers a rare opportunity to acquire a fully operational, turnkey bowling alley and tavern located approximately 20 miles west of Madison, Wisconsin. Priced at $579,000, this sale includes the real estate, business operations, and all furniture, fixtures, and equipment, ensuring immediate operational continuity for a new owner. The property features eight original wood bowling lanes, delivering an authentic experience that is increasingly difficult to replicate. The venue serves as a longstanding community hub, supported by league play, open bowling, private events, and a strong bar-driven atmosphere. Integrated food service capabilities within the bar area allow for efficient operations and multiple revenue streams, including bowling, leagues, food and beverage sales, and event hosting. Recent updates include HVAC, electrical improvements, new signage, security cameras, and upgraded kitchen and bar equipment, ensuring a well-maintained and functional facility. The property also offers an outdoor patio space for additional seating and seasonal revenue opportunities. Located in Dane County, the business benefits from a loyal local customer base and regional traffic drawn by nearby attractions such as The ShoeBox, Black Earth Children’s Museum, and American Player’s Theatre. With its established reputation and in-place infrastructure, this property provides a compelling investment for an owner-operator or regional operator seeking expansion with meaningful upside potential.

FOR SALE DETAILS

PRICE

$579,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bowling Alley

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

B1

APN/PARCEL ID

0806-264-2539-1

ASK ABOUT THIS PROPERTY

Kurt MaluegMadison Commercial Real Estate LLCMore Info
608-898-0691

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Kurt MaluegMadison Commercial Real Estate LLCMore Info
608-898-0691

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