6138 Cass City Rd Cass City, MI 48726-9616

Property Details for 6138 Cass City Rd

Lot size

2.05 lot acres

Property type

Commercial real estate

APN

035-033-000-5100-02

APU

35033000510002

Description

This exceptional investment opportunity presents a thriving bowling alley and entertainment complex in Cass City, Michigan. The property encompasses a substantial 14,625 square-foot building situated on a 2.05-acre lot, featuring ample paved parking (approximately 56,833 square feet). The well-established business boasts 12 beautifully maintained wooden bowling lanes with a maximum capacity of 128 patrons. Further enhancing its appeal is a full-service bar and dining area, capable of accommodating approximately 116 guests in the lounge and 168 in the dining room. The kitchen is equipped with modern appliances, including a brand-new Lincoln pizza oven. A sizable basement provides additional space, including a locker room, potential pro-shop area, office space, a small meeting room, and ample kitchen storage. The building features a Dura-Last roof and three brand-new heating and air conditioning units. Extensive renovations were completed between 2013 and 2023. The property is zoned commercial and offers a strong net operating income (NOI) of $100,000, resulting in an attractive 18.18% capitalization rate. A Class C liquor license is available for transfer, subject to Michigan State approval. This turnkey operation presents a rare opportunity for an investor seeking a high-return, established business in a desirable location. Detailed renovation lists are available in the listing documents. The asking price is $550,000.