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Property profile & analytics
FOR SALE
Bowling alleys

6055 N M 99 N Homer, MI 49245

15,134 SF 3.19 ac lot Built 1967
Entity Owned 14-yr Hold Free & Clear
Property ID
US43-2669603
Property summary
AI-generated overview

This exceptional 15,138 square foot industrial property presents a remarkable investment opportunity in Homer, MI. Situated on a sizable 3.19-acre lot at the highly visible corner of M-99 and M-60, this C-3 zoned property benefits from exceptional traffic counts. The existing building, previously utilized as a bowling alley, bar, and restaurant, offers significant potential for redevelopment. The property is being sold "as is," allowing for complete customization to suit a wide range of commercial ventures. Buyers should anticipate a comprehensive renovation to modernize the existing structure. The substantial lot size and prime location make this an ideal site for a variety of businesses seeking high visibility and ample space. This is a rare chance to acquire a well-positioned commercial property in a thriving area. Serious inquiries are encouraged to explore the possibilities this unique offering presents. All reasonable offers will be considered.

Property profile
Verified
Property type Bowling alleys
Use group BOWLING ALLEY
Year built 1967
Total area 15,134 SF
Lot 3.19 ac (138,956 SF)
Zoning code C-3
APN 01-134-030-00
UPID US43-2669603
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Monarch Community Bank · 14 yrs held
Monarch Community Bank
since 2011
3 recorded transactions
2011
$202,725
2009
$115,000
2008
Price N/A
Zoning & alternative use
C-3 · Homer, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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