508 2nd NW Ave, Arlington, MN 55307-2160
This unique 7,000 square foot property located at 508 2nd Avenue NW in Arlington, Minnesota, presents a compelling investment opportunity. Currently operating as a six-lane bowling alley, the facility offers a turnkey entertainment business or a blank canvas for redevelopment. The bowling alley boasts automatic scoring and bumpers, catering to bowlers of all skill levels. Year-round tournaments and leagues, including children's leagues, generate consistent activity. The venue also features a full bar, dart boards, a pool table, and televisions showing sporting events, creating a diverse entertainment experience. A limited food menu, including hot dogs, pizza, and nachos, complements the beverage offerings of beer and soda. The property's central Arlington location ensures high visibility and accessibility. This versatile space offers significant potential for a new owner, whether continuing the existing entertainment business or pursuing a complete renovation for alternative commercial use. The asking price is $250,000. Serious inquiries are encouraged.
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Double Tap Bowling and Sports Bar Bowling Alley
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.