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    708 Michigan St Baldwin, MI 49304

    Sponsored
    For Sale
    $475,000

    Established Bowling Alley, Full Bar & More

    Property size:
    9,180 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    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.

    Property Features for 708 Michigan St

    General Information

    Property type
    Investment properties
    Square Feet
    9,180 SF
    Lot Size
    13,504 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Hair Salon Dental Office Clothing Store Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Baldwin
    County
    Lake
    State
    Michigan
    Longitude
    -85.8512
    Latitude
    43.89404

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    FAQs

    What type of property is this?
    Investment property - Established Bowling Alley, Full Bar & More
    Where is this investment property located?
    The property is located at 708 Michigan St Baldwin, MI.
    What is the asking price?
    The asking price for this property is $475,000.
    (231) 745-4646
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    708 Michigan St Baldwin, MI 49304
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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
    708 Michigan St Baldwin, MI 49304
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