38530 State Route 37, Theresa, NY 13691
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.