1616 N Section St - Sports and Entertainment FOR SALE


Sullivan, IN 47882
$375,000 USD
812-249-6623
1616 N Section St, Sullivan, IN for Sale
$375,000 USD
Sports and Entertainment - FOR SALE
1/34
null | Request Cap Rate

1616 N Section St
Sullivan, IN 47882


HIGHLIGHTS

  • Turn Key Business & Real Estate For Sale!

OVERVIEW

FOR SALE: Turn-Key, Highly Successful Restaurant, Bar & Bowling Business. The Maddog Restaurant and Bowl located at 1616N Section St., Sullivan, IN 47882 is available to purchase. An exceptional opportunity awaits with the sale of Maddog Restaurant and Bowl; a highly successful, fully operational, turn key entertainment and dining destination located in the heart of Sullivan, Indiana. This established business includes 15,560 SF of finished space and sits on a 1.58 acre corner lot with excellent visibility and ample parking. Strategically located along the high-traffic Section Street corridor, the site boasts daily traffic counts of approximately 4,300 vehicles, making it a prime location for continued business success. Property Highlights include: Full-Service restaurant, bar, and catering operations. 12-lane bowling alley with newly resurfaced lanes and recently upgraded scoring software. Popular arcade, birthday party packages, and glow bowling are favorites among families. All kitchen, bar, and bowling equipment to convey with sale. Currently employs 10–12 staff, adjusting seasonally. Spacious 1.58-acre lot with plentiful on-site parking. 15,560 square feet of finished space has been well-maintained and ready for new ownership. With a loyal customer base, strong local reputation, and multiple revenue streams, Maddog Restaurant and Bowl is a highly successful business offering incredible value and long-term potential. Whether you’re an entrepreneur or investor, this property is primed for profitability from day one. Don't miss your chance to own one of Sullivan’s most well-loved entertainment destinations. For more information or to schedule a private showing, contact a REALTOR today!

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$32 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Sports and Entertainment

ADD'L SUBTYPES

Amusement Park

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,955 SF

ZONING

C

APN/PARCEL ID

77-07-28-000-001.000-012

ASK ABOUT THIS PROPERTY

Andrew SouthardBerkshire Hathaway HomeServices Newlin-MillerMore Info
812-249-6623

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Andrew SouthardBerkshire Hathaway HomeServices Newlin-MillerMore Info
812-249-6623

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