508 2nd Ave NW
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508 2nd Ave NW
7,000 SF 100% Leased Retail Building Arlington, MN 55307 $250,000 ($36/SF)
Investment Highlights
- This is a great business opportunity for a new operator or renovate the open 7,000 SF building for a new use.
Executive Summary
Located in the heart of Arlington, Minnesota is 6-lane bowling alley – a unique entertainment facility that provides fun activities for everyone. This is a great business opportunity for a new operator or renovate the open 7,000 SF building for a new use. Currently, the venue features six bowling lanes with automatic scoring and bumpers to accommodate all levels of bowlers. Tournaments are held throughout the year and they also offer leagues with competitive play as well as bumper leagues designed especially for children. They offer limited food selections such as hot dogs, pizza, nachos and more along with various beverages including beer and soda. In addition to their bowling lanes, they also have darts, pool table, sporting events playing on televisions, a full bar – making it an ideal spot for indoor entertainment. Inquire today!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Bowling Alley
Building Size
7,000 SF
Year Built
1960
Price
$250,000
Price Per SF
$36
Percent Leased
100%
Building Height
1 Story
Building FAR
0.57
Lot Size
0.28 AC
Zoning
Commercial - Commercial
Parking
11 Spaces (1.57 Spaces per 1,000 SF Leased)
Frontage
52 FT on 2nd Avenue Northwest
PROPERTY TAXES
Parcel Number | 31.0678.010 | Improvements Assessment | $158,700 |
Land Assessment | $26,900 | Total Assessment | $185,600 |
PROPERTY TAXES
Parcel Number
31.0678.010
Land Assessment
$26,900
Improvements Assessment
$158,700
Total Assessment
$185,600
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508 2nd Ave NW
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