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    OFF-MARKET
    Commercial real estate

    11377 Us-10, Evart, MI 49631

    5.86 ac lot Built 1990
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property in Evart, Michigan, presents a unique investment opportunity. Located on the high-traffic US-10 corridor, this 31,000+ square foot facility boasts a diverse range of income streams. Currently operating as a successful entertainment complex, it includes a fully equipped bowling alley, an arcade, a bar and restaurant with a commercial kitchen, and a large, versatile event space. The 11,000 square foot event hall, featuring 20-foot ceilings, offers significant expansion potential. Built in 1990 and renovated in 1999, the single-story building sits on a 5.86-acre lot zoned for commercial use. The asking price is $925,000, and the sale includes all existing inventory and furniture. This turnkey operation is exceptionally well-maintained and presents a rare chance to acquire a premier entertainment destination in West Central Michigan. The property's prime location and diverse offerings make it an attractive investment for both owner-users and investors seeking a high-return opportunity. The existing infrastructure and established clientele provide a solid foundation for continued success and future growth. This is a truly remarkable opportunity to own a thriving business with significant upside potential.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1990
    Lot 5.86 ac (255,262 SF)
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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