3154 State St - Freestanding FOR SALE


Caledonia, NY 14423
$899,000 USD
585-414-0855
3154 State St, Caledonia, NY for Sale
$899,000 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

3154 State St
Caledonia, NY 14423


HIGHLIGHTS

  • Over $700,000 invested in property and business upgrades within the last four years.
  • Includes a 10-lane automated bowling center with bar service, food operations, and amusement games.
  • Features an event venue with capacity for up to 600 guests, complete with stage, bar areas, and gathering spaces.
  • Outdoor areas support additional seating, live entertainment, tournaments, and special events.
  • Sale includes land, buildings, and business equipment, creating an opportunity for continued operations or repositioning.
  • Seller is willing to consider owner financing or a lease-to-own structure for qualified buyers.

OVERVIEW

OVER $700k in upgrades in last 4 years! 600 person PARTY HOUSE and BOWLING ALLEY COMBO! Bowling alley can remain or be redeveloped into event center and is prime Remarkable Village opportunity with immeasurable upside for someone who loves event hosting and/or the bowling industry. The sale of land and buildings includes business equipment. OWNER WILLING TO CARRY FINANCING WITH QUALIFIED BUYER or LEASE TO OWN. Sale includes 3156 & 3154 State street, Caledonia, NY. Stated taxes and sq ft include BOTH buildings. 10 Lanes of automated bowling, bar, food service, and amusement games, plus an 600 person event center on Main Street of the village. The event space has a bar, a kitchen(Needs rebuilt), coolers, a stage, and sitting areas. Includes outdoor space for additional seating, music events, corn hole tournaments and gathering space. Bowling alley and event space revenue will increase more with return of leagues and a full-time manager and effort. Owner is willing to coach the buyer on operations and revenue potential. Owner will NOT separate properties. All offers to be submitted via LOI - no GRAR or STATE pre-printed contracts will be entertained.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Olimbia Theatre

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,469 SF

ZONING

05

APN/PARCEL ID

242201-007-008-0003-029-000-0000,242201-007-008-0003-030-000-0000,242201-007-008-0003-076-000-0000

ASK ABOUT THIS PROPERTY

Tod MyersKeller Williams Realty Greater Rochester - KW COMMore Info
585-414-0855

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Tod MyersKeller Williams Realty Greater Rochester - KW COMMore Info
585-414-0855

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