9455 Main St - Freestanding FOR SALE


Whitmore Lake, MI 48189
$2,500,000 USD
734-330-6501
9455 Main St, Whitmore Lake, MI for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

9455 Main St
Whitmore Lake, MI 48189


HIGHLIGHTS

  • Real Estate and 3 Businesses/ Revenue Streams for sale (Bowling Alley, Bar, Coney Restaurant)
  • Unbeatable location- nearly 2 acres right across from the lake
  • 18 lanes with retractable bumpers

OVERVIEW

Strike up your next business venture! Proudly presenting over 22,000 sq feet of real estate on almost two acres directly across from Whitmore Lake- including all THREE of the successful businesses operating inside! This isn't just a bowling alley- it's basically the social hub of Whitmore Lake. It stays packed night after night with bowling leagues, dart leagues, cosmic bowling nights, pool tables and live entertainment. On top of that already thriving business, it also has a successful bar (with a stage for live entertainment- great band featured on it in the listing video) and an attached Coney restaurant that draws on its own regular attendees. That is 3 streams of cash flow tied to the same business, all located under the same metal roof. Aside from this lucrative opportunity, the bowling alley itself offers 18 lanes, all with retractable bumpers, a locker room, a large parking lot and an upstairs office space with a full bathroom which overlooks the expansive views of the lake right across the street. The liquor license is also included in the sale and new plumbing was recently installed. This operation is turn key and ready for the new owner to jump right in, with current owner potentially willing to help with the transition as a consultant. The one thing that won't change is the unbeatable location- conveniently located near US 23, just miles to the vibrant downtown atmosphere of Ann Arbor or to continually growing Brighton, this venue will never want for clientele. Whether those enjoying the lake decide to dock their boat to stop by for a drink, or members of leagues and the community roll in to bowl, or if it is the regular breakfast and lunch crowd at the Coney, this building stays Busy, Consistent and Profitable- which makes this investment right up your alley. **Excluded from the sale: Pro Shop PLEASE SUBMIT OFFERS TO: ry.re.admin@protonmail.com . Email all offers with offer submission form and lender approval letter or bank statement in a single PDF file. Buyer/ Buyer's agent to perform all due diligence, including township and zoning approval for pursued use. Business Financials will be provided upon verified interest in the form of a letter of intent and upon signing NDA.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Whitmore Lanes, Whitmore Lake, MI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Restaurant, Bowling Alley

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

Commercial

APN/PARCEL ID

02-05-328-003

ASK ABOUT THIS PROPERTY

Ron YarbroughAvera RealtyMore Info
734-330-6501

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

Ron YarbroughAvera RealtyMore Info
734-330-6501

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