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    104 4Th St NE Aitkin, MN 56431

    For Sale
    $285,000

    Aitkin Lanes: a local staple for fun and food.

    Property size:
    7,500 SF
    Lot size:
    0.45 Acres

    Property Features for 104 4Th St NE

    General Information

    Size
    7,500 SF
    Lot size
    0.45 Acres

    Source: Close-Converse Commercial Properties Agent Christopher C. Close

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Aitkin Lanes Bowling Alley

    Aitkin Lanes, established in the early 1960s, presents a business opportunity as a local entertainment venue. The property features 8 bowling lanes suitable for casual games, league play, and family entertainment. A food and drink counter is available, offering food and beverages. The property size is 7,500 square feet. The business is known for its burgers. This property is located in Aitkin, MN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aitkin Family Chiropractic Chiropractor Jenna Kuiken Chiropractor Nord Lake Reflections Picture Frame Shop Aitkin Lanes Bowling Alley

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Aitkin
    County
    Aitkin
    State
    Minnesota
    Longitude
    -93.7048391
    Latitude
    46.5358914

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    FAQs

    What type of property is this?
    Bowling alley - Aitkin Lanes: a local staple for fun and food.
    Where is this bowling alley located?
    The property is located at 104 4Th St NE Aitkin, MN.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Established business: Aitkin Lanes, a local staple since the early 1960s.; - Turnkey business opportunity: Includes bowling lanes, games, and a food & drink counter.; - 8 Bowling Lanes: Opportunity for casual games, league play, and family fun.
    (218) 831-7510
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    104 4Th St NE Aitkin, MN 56431
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    Aitkin, MN 56431
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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
    104 4Th St NE Aitkin, MN 56431
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