Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

50 Westgate Dr Wheatfield, IN 46392-7202

  • Bowling alleys
  • 19,712 SF
  • 1.59 lot acres
OFF-MARKET
Value Estimation
Last Sale
Mar 20, 2025
Location Intelligence
Property ID
US31-1380423
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Wheatfield Lanes / Recreation Center / Bowling Alley

Property Details for 50 Westgate Dr

Year built
2009
Construction
WOOD
Lot size
1.59 lot acres
Property size
19,712 SF
Property type
Bowling alleys
APN
37-16-25-000-053.023-034
APU
371625000053023034

Description

This exceptional investment opportunity presents a fully operational, 19,000 square foot bowling alley in Wheatfield, Indiana. Currently operating at 100% occupancy as Wheatfield Lanes, the property boasts twelve state-of-the-art bowling lanes, a large arcade, three private party rooms, ample seating, a computer room, manager's office, storage areas, restrooms, a locker area, and a dedicated eating space. Mackie's Place, an on-site bar and kitchen with an outdoor patio, adds to the revenue streams. A full liquor license is included in the sale if the property continues to operate as a bowling alley. The building is well-maintained and presents excellent potential for continued operation as a thriving entertainment venue or for redevelopment into an alternative use. Conveniently located in Wheatfield, Indiana, the property enjoys proximity to major roadways (easy access via I-65) and is surrounded by local amenities including a health center, restaurants, and other businesses. The property's strategic location offers significant advantages for both continued operation and potential redevelopment. The asking price is $725,000. Detailed financial information is available upon request.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Wheatfield
County
Jasper
State
Indiana
Longitude
-87.0555
Latitude
41.1882
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,885
$45,900
$605,800
$651,700
-
$45,900
$605,800
$651,700
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message