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Property profile & analytics
FOR SALE
Bowling alleys

65 Cottage St E Norwood, MA 02062

18,480 SF 0.31 ac lot Built 1939
Entity Owned Free & Clear
Property ID
US38-1451398
Property summary
AI-generated overview

This exceptional property at 65 Cottage Street East in Norwood, MA presents a rare investment opportunity. The historic candlepin bowling alley boasts a substantial footprint, encompassing approximately 12,320 square feet on the first floor and an additional 6,160 square feet of finished basement space, totaling approximately 18,480 square feet across two levels. Situated on a 0.31-acre lot, this building offers significant potential for redevelopment or adaptive reuse. Its prime location within Norwood's Mixed Use Overlay District allows for a variety of commercial ventures. The property's rich history and substantial size make it an ideal canvas for a creative entrepreneur or investor seeking a unique and high-impact project. The existing structure provides a solid foundation for a multitude of possibilities, from maintaining its current use to transforming it into a modern commercial space. The ample square footage and central location within the vibrant downtown area ensure high visibility and accessibility. This is a chance to acquire a piece of Norwood's history and shape its future. The property is offered at $2,200,000. Serious inquiries only.

Property profile
Verified
Property type Bowling alleys
Use group BOWLING ALLEY
Year built 1939
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 18,480 SF
Lot 0.31 ac (13,719 SF)
APN NORW M:00001 B:00006 L:0013A
UPID US38-1451398
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Norwood Sport Center Bowling Alley
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
$685k
Blend (final) Blend
$630k
Owner & transaction history
NORWOOD SPORTS CENTER
NORWOOD SPORTS CENTER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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