Technical
Financial
Distress signals
Property profile

850 Foote Ave Jamestown, NY 14701

OFF-MARKET
Bowling alleys
Property ID
US63-1393985
23,085 SF 1.96 ac lot Built 1960
Entity Owned 29-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional opportunity presents a thriving, established entertainment complex in Jamestown, NY. The property encompasses a well-regarded bowling alley and a popular sports bar/restaurant, operating seamlessly together under one roof. Located at 850 Foote Ave, this 23,085 square foot facility sits on a 1.96-acre lot, providing ample space for both indoor and potential outdoor expansion. The bowling alley caters to a diverse clientele, hosting youth and adult leagues, birthday parties, and corporate events, ensuring consistent revenue streams. The Gametime Sports Bar and Grill is a community favorite, known for its diverse menu, nightly specials, and lively atmosphere, perfect for catching sporting events or enjoying a night out. Significant upgrades have been implemented within the past five years to enhance both the bar and the bowling alley, optimizing customer experience and operational efficiency. This turnkey operation is currently open seven days a week and presents a strong financial foundation for a new owner. The current owner is willing to provide transitional support and is open to exploring creative financing options for qualified buyers. This is a rare chance to acquire a profitable, established business with significant growth potential in a desirable location.

Property profile

Verified
Property type Bowling alleys
Use group BOWLING ALLEY
Year built 1960
Total area 23,085 SF
Lot 1.96 ac (85,378 SF)
APN 060800 404.08-5-15
UPID US63-1393985

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Bowling Alley
  • Bar & Pub Restaurant

Location

850 Foote Ave Jamestown, NY 14701-9524
Jamestown metro Census 30700 JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$631k
Blend (final) Blend
$520k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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