50 Westgate Dr Wheatfield, IN 46392-7202
- Bowling alleys
- 19,712 SF
- 1.59 lot acres
Mar 20, 2025
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
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CAP approach
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Comparable approach
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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