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    116 Main Ave Bagley, MN 56621

    Sponsored
    For Sale
    $296,000

    Established Bowling Alley, Full Liquor License

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Prime Bagley, MN location! This turnkey 7,000+ sq ft bowling alley, established for generations, presents a unique investment opportunity. The property includes all recently updated bowling equipment, and the classic wood lanes are slated for resurfacing this fall. A full liquor license and FSA certification are in place, allowing for diverse business expansion. This income-producing property, built in 1950, sits on a 6,969.6 sq ft lot at 116 Main Avenue N, Bagley, MN 56621. The spacious layout offers potential for creative expansion, from a 1950s-themed cafe to a modern sports bar. Seize this chance to revitalize a beloved community landmark and capitalize on its established history and existing infrastructure. Asking price: $296,000.

    Property Features for 116 Main Ave

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1950

    HighLights

    • Turnkey bowling alley business for sale in Bagley, MN.
    • Recently updated bowling equipment; lane resurfacing scheduled.
    • Includes full liquor license and FSA certification.
    • Over 7,000 square feet of income‑producing space.
    • Established community landmark with generational history.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bagley
    County
    Clearwater
    State
    Minnesota
    Longitude
    -95.3980633
    Latitude
    47.52351

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    FAQs

    What type of property is this?
    Restaurant - Established Bowling Alley, Full Liquor License
    Where is this restaurant located?
    The property is located at 116 Main Ave Bagley, MN.
    What is the asking price?
    The asking price for this property is $296,000.
    What are key features of this property?
    This property features: Turnkey bowling alley business for sale in Bagley, MN.; Recently updated bowling equipment; lane resurfacing scheduled.; Includes full liquor license and FSA certification.
    Request Owner's contact information
    116 Main Ave Bagley, MN 56621
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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
    116 Main Ave Bagley, MN 56621
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