249 Wallins Corners Rd - Bowling Alley FOR SALE


Amsterdam, NY 12010
$895,900 USD
860-245-9200
249 Wallins Corners Rd, Amsterdam, NY for Sale
$895,900 USD
Bowling Alley - FOR SALE
1/7
null | 6.7% Cap Rate

249 Wallins Corners Rd
Amsterdam, NY 12010


HIGHLIGHTS

  • Long history of solid financial performance
  • High traffic location
  • Turnkey business
  • Prime redevelopment opportunity

OVERVIEW

25,000 SQ.FT. COMMERCIAL BUILDING ON 1.90 ACRES DIRECTLY ADJACENT TO LOWES HOME IMPROVEMENT Ideal location for range of business or take advantage of the B-1 business development zoning and build to your specifications on the 1.9 acre lot. Currently, the existing building is home to a long established recreation center, Imperial Lanes, and "as is" offers a prime opportunity to own a commercial real estate/turnkey business combination. The purchase includes the building and accompanying land, all bowling equipment & accessories plus a fully equipped bar & restaurant with additional square footage currently used for live entertainment and events. Current lease is month to month and below market. The tenant is willing to sign a longer term lease. The 25,000 sq. ft. building could also be converted for warehouse/distribution, light industrial, retail, car wash, etc.

FOR SALE DETAILS

PRICE

$895,900 USD

PRICE/SF

$36 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Imperial Lanes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bowling Alley

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

B-1

APN/PARCEL ID

272089-024-016-0001-012-002-0000

ASK ABOUT THIS PROPERTY

Gino PenasaSeaport CommercialMore Info
860-245-9200

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Gino PenasaSeaport CommercialMore Info
860-245-9200

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