1189 Columbus AveMarysville, OH 43040

  • Sports & entertainment properties
  • 19,250 SF
For Sale
$2,300,000 View listing

Property Details for 1189 Columbus Ave

Year built
1957
Lot size
2.50 AC
Property size (Sq ft)
19,250 SF
Property type
Sports & entertainment properties
Property subtype
Bowling alleys
APN
29-0023031.0000
APU
2900230310000

Description

This exceptional investment opportunity presents a fully operational bowling alley situated on almost four acres of prime real estate in Marysville, Ohio. The property, located at 1189 Columbus Avenue, boasts a substantial 161,172 square foot lot and includes two separate parcels. Built in 1957, the bowling alley has been thoughtfully updated by the current owner to create a premier establishment within the community. The asking price is $2,300,000, translating to $119.48 per square foot. Key features include an on-site kitchen and bar, perfectly complementing the bowling alley's operations. A significant advantage is the inclusion of a liquor license in the sale, providing a ready-made revenue stream for the new owner. This turnkey business offers immediate income potential and significant upside for a savvy investor seeking a unique and established commercial property in a desirable Ohio location. The property's substantial land area presents further development possibilities, adding to its overall value and long-term potential. This is a rare opportunity to acquire a thriving business with significant growth potential in a strong market. The zip code is 43040, and the property is located in Union County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,051,436
    Hospitality
    $2,795,100
    Educational
    $2,325,490
    Medical
    $2,405,467
    Retail
    $3,617,429
1189 Columbus Ave, Marysville, Ohio

Location Insight

City
Marysville
County
Union
State
Ohio
Latitude
40.2297
Longitude
-83.3487
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,884
$29,930
$116,330
$146,260
-
$85,500
$332,360
$417,860

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