Property summary
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
VerifiedCap rate & NOI
Current use
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Take-out & Catering
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Gas Station
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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