708 Michigan St Baldwin, MI 49304
This exceptional business opportunity presents the Baldwin Bowling Center, a cornerstone of the local community for over three decades. Spanning 9,180 square feet on a 0.31-acre lot at 708 Michigan Avenue in Baldwin, Michigan, this property offers a diverse range of income streams. The centerpiece is an eight-lane bowling alley featuring a recently upgraded US Bowl Pulse computerized scoring system and synthetic lane tops and pin decks for low-maintenance operation. A fully equipped bar with a Class C liquor license adds significant revenue potential, complemented by a large kitchen boasting 3.5 freezers, a fryer, stove with oven, and a pizza oven with dough press. All cookware, silverware, and dining ware are included in the sale. Beyond bowling, the center generates income from Keno, pool tables, and an arcade featuring a unique glow-in-the-dark setup ideal for parties and events. The property benefits from convenient city water and sewer connections and ample parking on all sides. All equipment and inventory are included, with inventory terms negotiable. This turnkey operation presents a rare chance to acquire a well-established and profitable business in a thriving community. The asking price is $475,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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