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    FOR SALE
    Bowling alleys

    38530 State Route 37, Theresa, NY 13691

    10,300 SF 2.2 ac lot Built 1962
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US63-1245920
    Property summary
    AI-generated overview

    This exceptional turnkey business opportunity in Theresa, NY, presents a fully renovated bowling alley situated on a spacious 2.2-acre lot. Boasting over 10,300 square feet of space, this entertainment venue has undergone a complete renovation exceeding $1,000,000 in investment. All systems are brand new, including a propane furnace, air conditioning, roofing, kitchen, and gleaming wood bowling lanes. Beyond bowling, the facility hosts live bands and comedy shows, creating a vibrant atmosphere for all ages. A fully operational kitchen and well-stocked bar provide additional revenue streams, serving a delicious menu and a variety of drinks. The prime location on State Route 37 ensures excellent visibility and accessibility, establishing it as a local favorite and destination point. This thriving business is ready for immediate operation, allowing the new owner to focus on growth and expansion within this established community hotspot. The property's extensive renovations eliminate the need for immediate capital expenditures, offering a unique opportunity for immediate profitability. This is a rare chance to acquire a fully operational and profitable entertainment business in a desirable location.

    Property profile
    Verified
    Property type Bowling alleys
    Use group BOWLING ALLEY
    Year built 1962
    Total area 10,300 SF
    Lot 2.2 ac (95,832 SF)
    APN 225689 23.13-1-11
    UPID US63-1245920
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    YOUNG CARTER
    YOUNG CARTER
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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