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Property profile & analytics
OFF-MARKET
Commercial real estate

32 Cross St Bethel, ME 04217

2.69 ac lot Built 2019
Property ID
US42-0654009
Property summary
AI-generated overview

Exceptional turn-key investment opportunity: River Lanes, a state-of-the-art bowling alley and arcade in Bethel, Maine's four-season tourist region. This 2.69-acre property, built in 2019, boasts ten lanes of Brunswick Ten-Pin bowling, a large arcade (the area's largest), and a full-service restaurant and bar with seating for 240. Amenities include an outdoor patio, three pool tables, darts, foosball, a large propane fireplace, indoor and outdoor cornhole areas (including professional-grade boards), and a private party room. The facility is in exceptional condition, with cutting-edge equipment and existing staff, making it an easily managed operation. The asking price is $4,750,000. This popular venue is perfect for group events and private functions, offering a diverse range of entertainment options. Its prime location in Western Maine ensures a consistent stream of customers throughout the year. The business is highly profitable and presents a rare opportunity to acquire a well-established and successful entertainment complex.

Property profile
Verified
Property type Commercial real estate
Year built 2019
Lot 2.69 ac (117,176 SF)
UPID US42-0654009
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
  • River Lanes Bowling Alley
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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