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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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9900 E D Ave , Richland, MI 49083
$1,495,000
Est. Payment: $3,322.22/mo
0 Bed
2 Bath
16500 Sqft
Status: Pending | Days on site: 79
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k1585 - k237370,k271852,sbuyer
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House Description

Income Producing Real Estate Opportunity! This established, turnkey and completely renovated bowling alley featuring a restaurant and bar (liquor license included in the sale) offers excellent high-traffic visibility along M-89 in Richland, MI! Top to bottom the building's interior, exterior, and parking lot have received a complete upgrade and offers a strong exposure and convenient access for customers seeking bowling, dining, and bar service. With plenty of parking and great curb appeal, customers are easily welcomed and drawn in for year-round entertainment and food! The long list of improvements makes this a great investment in a great location. On the interior, your customers will find new flooring, updated lighting, new pool tables and arcade games, new bowling balls and bowling shoes, new carpeting, updated bathrooms and more! From the outside, guests are welcomed with a freshly redone parking lot, updated landscaping, and recently painted exterior. As an owner you can rest assured with recent maintenance and improvements such as resealed and reworked draining on roof, new plumbing in bar and bathrooms, cameras installed, updated bowling machinery and equipment, and MORE. See attached list of improvements.

Highlights

Listed by Chuck Clancy , 269-207-1573 and Tom Clancy , 269-207-1574 Berkshire Hathaway HomeServices MI , 269-629-4186.

Property Type

Commercial Sale

Lot/Acreage
2.24

Year Built

1990

County

Kalamazoo

School District

Gull Lake

Listing ID

26010184

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Air Cond:Central Air
Fireplaces:

Exterior Features

Roof:Composition
Principal Interest
$3,322
Taxes
$1,282

Home Price

$1,495,000

Loan Details

30 yrs
%

Down Payment

20%
$299,000
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Monthly Price:
$3,322.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,322.22 $1,281.70 $0.00 $4,603.92
Yearly $39,866.67 $15,380.35 $0.00 $55,247.02
Total $1,196,000.00 $461,410.50 $0.00 $1,657,410.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Richland, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.