11377 Us-10, Evart, MI 49631
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.