1137 Sweitzer St Greenville, OH 45331-1193
- Bowling alleys
- 22,224 SF
- 1.53 lot acres
Current Use by Public Records
- Davidson's Pro Shop / Golf Shop
Property Details for 1137 Sweitzer St
- Year built
- 1973
- Lot size
- 1.53 lot acres
- Property size
- 22,224 SF
- Property type
- Bowling alleys
- APN
- F27-2-211-02-03-02-10700
- APU
- F27221102030210700
Description
This exceptional 22,781 square foot retail property, situated on a 1.53-acre lot in Greenville, Ohio, presents a unique redevelopment opportunity. The vacant building, previously used as a bowling alley (some lanes remain), offers versatile space including multiple bathrooms, offices, a kitchen with fire suppression and commercial refrigeration, a bar, and restaurant space. The existing structure is adaptable for various uses, allowing for a Class A retrofit or new construction. The property boasts approximately 191 feet of frontage on US-49, benefiting from a high daily traffic count of roughly 9,000 vehicles per day (according to ODOT), and its proximity to the Darke County Fairgrounds ensures significant visibility and foot traffic. The property features a paved parking lot, a basement, and a roof and HVAC system approximately eight years old. Zoned for General Business, the possibilities are extensive. Asking price is $450,000, with a price per square foot of $19.75. Built in 1964, this single-story building presents a compelling investment opportunity for savvy developers and entrepreneurs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $445,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $450,000
- 6.5%
- $435,000
- 7%
- $410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $490,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $450,000
- Retail
- $495,000
- Mixed-Use
- $375,000
- Hospitality
- $490,000
- Educational
- $390,000
- Residential Income
- $510,000
- Energy
- $395,000
- Income-Based Land
- $450,000
- Food Service
- $450,000
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Darke
- State
- Ohio
- Longitude
- -84.6335
- Latitude
- 40.0835
- CBSA code
- 24820
- CBSA name
- GREENVILLE, OH MICROPOLITAN STATISTICAL AREA