74 College Hwy Southampton, MA 01073
- Bowling alleys
- 19,744 SF
- 4.31 lot acres
Current Use by Public Records
- Tin Can Alley Lounge / Cocktail Bar
- Canal Bowling Lanes / Bowling Alley
Property Details for 74 College Hwy
- Year built
- 1962
- Construction
- FRAME
- Lot size
- 4.31 lot acres
- Property size
- 19,744 SF
- Property type
- Bowling alleys
- APN
- SHAM M:019 B:007 L:B
- APU
- SHAMM019B007LB
Description
This exceptional commercial property, situated on a highly visible and accessible section of Route 10 in Southampton, MA, presents a unique investment opportunity. The expansive 4.31-acre lot boasts a substantial 20,000 square foot building, currently configured as a successful bowling alley (Canal Bowling Lanes) and a lounge (Tin Can Alley) complete with a full liquor license. The property also includes a large paved parking area accommodating 60+ vehicles, plus an additional gravel parking lot, ensuring ample space for customers and staff. The building's layout includes a 2,200 square foot lounge area, a 1,200 square foot space previously used as a trophy shop (Canal Trophy), and the remaining area dedicated to the bowling alley and its associated equipment. Built in 1962, the building has served as a bowling alley and related businesses for decades, establishing a strong presence in the community. The property features four bathrooms, two heating systems, and three mini-split units for climate control. With its substantial size, prime location, and existing businesses, this property offers significant potential for a variety of commercial uses, making it an attractive investment for discerning buyers. The high traffic count on Route 10 ensures excellent visibility and accessibility, making it an ideal location for a thriving business. The property is being offered at $750,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $490,000
- 6.5%
- $485,000
- 7%
- $470,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $565,000
- Geo Method
- $465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $530,000
- Retail
- $545,000
- Mixed-Use
- $510,000
- Hospitality
- $485,000
- Educational
- $560,000
- Residential Income
- $450,000
- Energy
- $590,000
- Income-Based Land
- $580,000
- Food Service
- $570,000
Location Insight
- Map
- Local Demand
- City
- Southampton
- County
- Hampshire
- State
- Massachusetts
- Longitude
- -72.7133
- Latitude
- 42.2457
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA