200 Wimbledon LnSmithfield, VA 23430

  • Other commercial real estate
  • 14,896 SF
For Sale
$1,900,000 View listing

Property Details for 200 Wimbledon Ln

Year built
1998
Construction
METAL FRAME
Lot size
2.48 AC
Property size (Sq ft)
14,896 SF
Property type
Other commercial real estate
APN
22J-01-014
APU
22J01014

Description

This exceptional turnkey business opportunity presents a well-established skating rink in Smithfield, VA, ideally situated at 200 Wimbledon Lane. Operating successfully since 1998, this entertainment center boasts a strong reputation and consistent clientele. The property encompasses 2.48 acres and features beautiful maple flooring within the main skating rink area. Beyond the rink itself, the property includes a fully functional arcade, a complete food service and kitchen area perfect for concessions, and several dedicated party rooms to accommodate various events. Ample storage space is available throughout the facility. Adding to its versatility, the property also includes fully operational batting cages, expanding its entertainment offerings and potential revenue streams. The property benefits from convenient access, abundant parking, and excellent exterior lighting. Its popularity is evident in its consistent bookings for parties, group events, and other recreational activities. This established business is offered at $1,900,000 and presents a unique opportunity for an investor seeking a profitable, turnkey operation with multiple revenue streams and significant growth potential. The property's diverse amenities and prime location make it an attractive investment for those seeking a well-established and thriving entertainment business.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,163,388
    Hospitality
    $2,897,647
    Educational
    $2,410,808
    Medical
    $2,493,720
    Retail
    $3,750,146
200 Wimbledon Ln, Smithfield, Virginia

Location Insight

City
Smithfield
County
Isle Of Wight
State
Virginia
Latitude
36.9572
Longitude
-76.5994
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 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
2024
$1,094,927
$324,000
$1,175,900
$1,499,900
-
$324,000
$1,175,900
$1,499,900

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