1901 Indianapolis Ave Lebanon, IN 46052
- Bowling alleys
- 14,546 SF
- 0.95 lot acres
Current Use by Public Records
- LBC Lanes / Bowling Alley
Property Details for 1901 Indianapolis Ave
- Year built
- 1950
- Construction
- WOOD
- Lot size
- 0.95 lot acres
- Property size
- 14,546 SF
- Zone code
- ZO01
- Property type
- Bowling alleys
- APN
- 06-07-06-000-100.000-002
- APU
- 60706000100000002
Description
This exceptional turnkey business opportunity presents a well-established, owner-operated bowling alley and bar situated on a 0.95-acre lot in Lebanon, Indiana. The 14,546 square foot, single-story building, constructed in 1950 and renovated in 2020, boasts 18 bowling lanes and a fully operational bar. The property includes all equipment and furnishings, making it truly turnkey. The building is zoned IN (Institutional) and features charming retro décor. Its prime location near the Boone County fairgrounds offers significant potential for increased revenue. The business operates under a three-way liquor license. Financial records are available upon request. This is a rare chance to acquire a profitable, established business with a strong local presence and significant growth potential. The asking price is $850,000. Property details include a single unit, Class B building, and the APN is 06-07-06-000-100.000-002. This is an ideal investment for an owner-user seeking a unique and established business.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lebanon
- County
- Boone
- State
- Indiana
- Longitude
- -86.4511
- Latitude
- 40.0328
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
