Technical
Financial
Distress signals
Property profile

10718 Main St Clarence, NY 14031

OFF-MARKET
Parking lots & garages
Property ID
US63-4482254
3.32 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents the chance to acquire the well-established Clarence Bowling Academy, a cornerstone of Clarence Hollow for over 40 years. The sale includes the thriving business, its complete contents, and the substantial building itself. This multi-faceted operation boasts multiple revenue streams, including bowling lane rentals, profitable party bookings, established leagues, a fully operational bar and restaurant, and a separate 3-bedroom apartment with its own entrance and parking. The bowling center features Brunswick synthetic lanes, a Vector Plus scoring system, and a recently updated computer system, ensuring efficient operations. The kitchen is equipped with high-quality stainless steel appliances, including a pizza oven, fryer, and dishwasher, all complemented by a newer exhaust system. Recent upgrades and ongoing investment by the owners are evident throughout the building and its contents. The 3-bedroom apartment features brand new windows, adding to its appeal. The property sits on a 0.96-acre lot, with additional parking available for purchase across the street. Detailed financial information and revenue figures are available upon request and can be discussed during a private showing. This is a turnkey operation with significant potential for continued growth and profitability. The building encompasses 21,333 square feet. The asking price is $699,900.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 3.32 ac (144,619 SF)
APN 143200 72.11-1-4.21
UPID US63-4482254

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bowling Alley
  • Atm

Location

10718 Main St Clarence, NY 14031-1706
Clarence metro Census 14704 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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