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50 W Westgate Dr
Wheatfield, IN 46392

Retail Property For Sale

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Investment Highlights

Property is located 22 miles northeast of Rensselaer, 65 miles north of Lafayette, 90 miles south of Valparaiso, and 83 miles south of Merrillville.

Near Franciscan Wheateld Health Center, Three Strands Cafe, Upper Cuts Salon, Edward Jones, United State Post Oce, and Dollar General.

Executive Summary

Excellent investment opportunity for a well maintained bowling alley or can be redeveloped into an alternate use. This is a 19,000 SF building currently used as the Wheateld Lanes. Interior features include: A State of the Art 12 lane bowling alley equipped with a large arcade area, 3 private party rooms, tables/chairs, computer room, manager’s oce, mechanical/electrical storage closet, men’s and women’s bathroom, locker area, and eating area. Mackie’s Place is the bar within the bowling alley complete with a kitchen, exterior patio. If purchaser continues to use as a bowling alley, a full liquor license is included in purchase.

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Bowling Alley

Building Size

19,000 SF

Building Class

Year Built

2009

Price

$725,000

Price Per SF

$38

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.29

Lot Size

1.49 AC

PROPERTY TAXES

Parcel Number	37-16-25-000-053.023-034	Improvements Assessment	$605,800
Land Assessment	$45,900	Total Assessment	$651,700

PROPERTY TAXES

Parcel Number

37-16-25-000-053.023-034

Land Assessment

$45,900

Improvements Assessment

$605,800

Total Assessment

$651,700

Learn More About Investing in Retail Properties

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Listing ID: 34172520
Date on Market: 12/12/2024
Last Updated:
Address: 50 W Westgate Dr, Wheatfield, IN 46392

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