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Village Lanes & Lounge | Harrisville Mi 226 U.S. 23 Hwy 7,832 SF 100% Leased Retail Building Harrisville, MI 48740 $325,000 ($41.50/SF)
Investment Highlights
- High Visibility Location with high vehicle count
- House On Property
- Redevelopment Opportunity
Executive Summary
Investment or redevelopment opportunity:
Closed for approximately three years, this fully equipped and formerly popular family entertainment destination presents a unique opportunity for revival or redevelopment. The property features an 8,900± SF, 8-lane bowling center with seating capacity for approximately 120, a fully equipped bar with a transferable class C License , and supporting infrastructure. The offering also includes an 1,100± SF single-family residence, all situated on 1.87± acres with 300 feet of high-visibility US-23 frontage.
The property is being offered "As-Is", providing a strong opportunity for an owner-operator to reintroduce a bowling and entertainment concept, or for investors and developers to pursue adaptive reuse or redevelopment in a prominent corridor location.
Closed for approximately three years, this fully equipped and formerly popular family entertainment destination presents a unique opportunity for revival or redevelopment. The property features an 8,900± SF, 8-lane bowling center with seating capacity for approximately 120, a fully equipped bar with a transferable class C License , and supporting infrastructure. The offering also includes an 1,100± SF single-family residence, all situated on 1.87± acres with 300 feet of high-visibility US-23 frontage.
The property is being offered "As-Is", providing a strong opportunity for an owner-operator to reintroduce a bowling and entertainment concept, or for investors and developers to pursue adaptive reuse or redevelopment in a prominent corridor location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bowling Alley
Building Size
7,832 SF
Building Class
C
Year Built
1974
Price
$325,000
Price Per SF
$41.50
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
2.36 AC
Zoning
Commercial - Commercial / Bowling Alley
Parking
8 Spaces (1.02 Spaces per 1,000 SF Leased)
Frontage
409’ on South State Street
Property Taxes
| Parcel Number | 120-120-013-155-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $206,000 |
Property Taxes
Parcel Number
120-120-013-155-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$206,000
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Village Lanes & Lounge | Harrisville Mi | 226 U.S. 23 Hwy
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