1901 Indianapolis AveLebanon, IN 46052

Property Details for 1901 Indianapolis Ave

Year built

1950

Construction

WOOD

Lot size

0.95 AC

Property size (Sq ft)

14,546 SF

Zone code

ZO01

Property type

Bowling alleys

APN

06-07-06-000-100.000-002

APU

60706000100000002

Description

This exceptional turnkey business opportunity presents a well-established, owner-operated bowling alley and bar situated on a 0.95-acre lot in Lebanon, Indiana. The 14,546 square foot, single-story building, constructed in 1950 and renovated in 2020, boasts 18 bowling lanes and a fully operational bar. The property includes all equipment and furnishings, making it truly turnkey. The building is zoned IN (Institutional) and features charming retro décor. Its prime location near the Boone County fairgrounds offers significant potential for increased revenue. The business operates under a three-way liquor license. Financial records are available upon request. This is a rare chance to acquire a profitable, established business with a strong local presence and significant growth potential. The asking price is $850,000. Property details include a single unit, Class B building, and the APN is 06-07-06-000-100.000-002. This is an ideal investment for an owner-user seeking a unique and established business.

• Alternative Use

  Use

  Valuation

  Residential

  $2,160,060

  Hospitality

  $1,978,604

  Educational

  $1,646,175

  Medical

  $1,702,789

  Retail

  $2,560,716

Location Insight

City

Lebanon

County

Boone

State

Indiana

Latitude

40.0328

Longitude

-86.4511

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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