135 Federal Rd Parsonsfield, ME 04047
This iconic Parsonsfield, ME, candlepin bowling alley, Archie's Strike & Spare, presents a unique investment opportunity. Boasting ten well-maintained lanes, the 8,120 square foot facility is a community staple, known for its welcoming atmosphere and diverse entertainment options. The property includes a full kitchen and bar, offering eat-in and take-out service with a proven menu, plus pool tables and dart boards, creating a versatile space for parties, events, and celebrations. A loyal customer base ensures consistent revenue streams, further enhanced by popular comedy nights and live music. Significant updates in 2015 included a new septic system, heating system, renovated restrooms, and a new roof. The 0.86-acre lot features a large parking area for ample guest parking. This turnkey business benefits from strong community ties and a reputation for family-friendly fun, offering endless potential for expansion and revenue growth. The property's nostalgic charm combined with its modern updates makes this a rare opportunity to own a thriving entertainment hub. This is more than just a business
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.