50 Westgate DrWheatfield, IN 46392

Property Details for 50 Westgate Dr

Year built

2009

Construction

WOOD

Lot size

1.59 AC

Property size (Sq ft)

19,712 SF

Property type

Bowling alleys

APN

37-16-25-000-053.023-034

APU

371625000053023034

Description

This exceptional investment opportunity presents a fully operational, 19,000 square foot bowling alley in Wheatfield, Indiana. Currently operating at 100% occupancy as Wheatfield Lanes, the property boasts twelve state-of-the-art bowling lanes, a large arcade, three private party rooms, ample seating, a computer room, manager's office, storage areas, restrooms, a locker area, and a dedicated eating space. Mackie's Place, an on-site bar and kitchen with an outdoor patio, adds to the revenue streams. A full liquor license is included in the sale if the property continues to operate as a bowling alley. The building is well-maintained and presents excellent potential for continued operation as a thriving entertainment venue or for redevelopment into an alternative use. Conveniently located in Wheatfield, Indiana, the property enjoys proximity to major roadways (easy access via I-65) and is surrounded by local amenities including a health center, restaurants, and other businesses. The property's strategic location offers significant advantages for both continued operation and potential redevelopment. The asking price is $725,000. Detailed financial information is available upon request.

• Alternative Use

  Use

  Valuation

  Residential

  $7,250,996

  Hospitality

  $6,641,873

  Educational

  $5,525,960

  Medical

  $5,716,006

  Retail

  $8,595,938

Location Insight

City

Wheatfield

County

Jasper

State

Indiana

Latitude

41.1882

Longitude

-87.0555

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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