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    OFF-MARKET
    Bowling alleys

    130 Oak N Ave, Annandale, MN 55302-1200

    13,650 SF 0.18 ac lot Built 1959
    Entity Owned 17-yr Hold Free & Clear
    Property ID
    US46-0991026
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a well-maintained bowling center located at 130 Oak Avenue N, Annandale, Minnesota. Spanning 14,093 square feet on a 0.14-acre lot, this established business boasts a proven track record of positive cash flow. The current owners are retiring, making this a rare chance to acquire a turnkey operation with immediate income potential. The property is in excellent condition and ready for a new owner to continue its success. All equipment is included in the sale, ensuring a smooth transition. The center's strong reputation within the Annandale community provides a solid foundation for continued growth and profitability. Financial records demonstrating consistent positive cash flow are available upon request, allowing potential buyers to thoroughly assess the investment's viability. This is an ideal acquisition for an experienced entrepreneur seeking a profitable, established business in a desirable location. The sale price is $850,000. Serious inquiries only. Don't miss this unique opportunity to own a thriving bowling center in a vibrant community. Contact us today to schedule a showing and explore this exciting investment prospect further. The property is sold as-is.

    Property profile
    Verified
    Property type Bowling alleys
    Use group BOWLING ALLEY
    Year built 1959
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 13,650 SF
    Lot 0.18 ac (7,971 SF)
    APN 102-020-003030
    UPID US46-0991026
    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
    Current use
    Occupant on record · Public records
    • Tom N Garys Bowling Center Bowling Alley
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Tng Investments LLC · 17 yrs held
    Tng Investments LLC
    since 2009
    4 recorded transactions
    2009
    $332,000
    2009
    $500
    2007
    $520,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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