Property profile

641 Columbia Ave Connell, WA 99326

OFF-MARKET
Bowling alleys
Property ID
US90-2306164
5,900 SF 0.39 ac lot Built 1950
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property located at 641 S Columbia Ave, Connell, WA, presents a unique investment opportunity. Priced at $399,000, this 0.39-acre site houses Connell's only bowling alley, a thriving eight-lane facility complete with a fully operational concession stand. The property's significant draw is further enhanced by a separately leased fast-food restaurant situated at the front of the building, ensuring a consistent stream of revenue. This long-term tenant adds stability and predictability to the investment, making it an attractive proposition for savvy investors seeking a diversified income stream. The bowling alley itself offers significant potential for growth and expansion, catering to the local community's recreational needs. The combined operation of the bowling alley and the established restaurant creates a vibrant hub for social gatherings and entertainment within the town. This turnkey business is ready for a new owner to step in and capitalize on its existing success. The property's strategic location and the unique nature of the business make it a truly rare find in the Connell market. The sale includes the bowling alley, concession stand, and the existing lease agreement with the fast-food restaurant. This is an unparalleled chance to acquire a well-established and profitable business in a desirable location. Serious inquiries are encouraged.

Property profile

Verified
Property type Bowling alleys
Use group BOWLING ALLEY
Year built 1950
Total area 5,900 SF
Lot 0.39 ac (16,988 SF)
APN 109861036
UPID US90-2306164

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
  • Take-out & Catering
  • Gas Station

Location

641 Columbia Ave Connell, WA 99326
Connell metro Census 20802 KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2026
7 recorded transactions
2026
$178,000
2019
$165,000
2012
$83,700
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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