939 5th St Delphos, OH 45833-1517
This exceptional investment opportunity presents a profitable, established bowling alley in Delphos, Ohio. The 15,000 square foot building sits on a 1.3-acre lot and houses the Delphos Recreation Center, currently operating successfully. The facility boasts 13,331 square feet dedicated to the bowling alley, complete with a kitchen and bar area, plus an additional 1,818 square feet of valuable storage space. Recent significant upgrades within the past year enhance the property's appeal and operational efficiency. These improvements include new flooring and ceilings throughout, updated tables and chairs in the seating areas, a modernized scoring system for a seamless customer experience, and substantial exterior enhancements such as new fencing and gazebos. The kitchen has also received new equipment and supplies, and the bowling alley itself features a fresh backdrop. This turnkey operation offers a rare chance to acquire a well-maintained, high-performing business with significant recent investment already made. The property's size and existing infrastructure provide ample room for expansion or further development, presenting a compelling opportunity for significant return on investment. The asking price is $1,350,000.
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Delphos Bowling & Recreation Center 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.