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    408 Oak St Waupaca, WI 54981

    For Sale
    $450,000

    Established Bowling Alley, 8 Lanes, Event Space

    Property size:
    8,924 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property located at 408 Oak Street in Waupaca, Wisconsin, presents a unique investment opportunity. The 8,924 square foot building sits on a 0.58-acre lot and houses a well-established and operational bowling alley featuring eight lanes. Beyond the bowling lanes, the property includes a dedicated locker room, providing ample storage for patrons' belongings. A versatile event/party room offers significant potential for additional revenue streams, perfect for hosting private functions, corporate events, or community gatherings. The property also boasts a fully equipped kitchen, ideal for catering events or providing concessions, and a large full bar, adding to the entertainment options and revenue generation capabilities. Currently, the business operates successful leagues in bowling, horseshoes, and pool, providing a solid foundation for continued success. However, the property's expansive space and diverse amenities offer significant potential for expansion and diversification. The new owner could introduce new leagues, activities, or services to further capitalize on the existing infrastructure and strong community presence. This turnkey operation presents a rare opportunity to acquire a profitable business with significant upside potential in a desirable location. The asking price for this established business and property is $450,000.

    Property Features for 408 Oak St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,924 SF
    Lot Size
    25,265 SF

    Building Details

    Year Built
    1949
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nelsons' Strike Zone ... Bar

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waupaca
    County
    WAUPACA
    State
    Wisconsin
    Longitude
    -89.07685
    Latitude
    44.36127

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    FAQs

    What type of property is this?
    Commercial real estate - Established Bowling Alley, 8 Lanes, Event Space
    Where is this commercial real estate located?
    The property is located at 408 Oak St Waupaca, WI.
    What is the asking price?
    The asking price for this property is $450,000.
    (715) 258-9565
    Request Owner's contact information
    408 Oak St Waupaca, WI 54981
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    408 Oak St Waupaca, WI 54981
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