641 Columbia AveConnell, WA 99326
- Bowling alleys
- 5,900 SF
Property Details for 641 Columbia Ave
- Year built
- 1950
- Lot size
- 0.39 AC
- Property size (Sq ft)
- 5,900 SF
- Property type
- Bowling alleys
- APN
- 109861036
- APU
- 109861036
Description
This exceptional retail property located at 641 S Columbia Ave, Connell, WA, presents a unique investment opportunity. Priced at $399,000, this 0.39-acre site houses Connell's only bowling alley, a thriving eight-lane facility complete with a fully operational concession stand. The property's significant draw is further enhanced by a separately leased fast-food restaurant situated at the front of the building, ensuring a consistent stream of revenue. This long-term tenant adds stability and predictability to the investment, making it an attractive proposition for savvy investors seeking a diversified income stream. The bowling alley itself offers significant potential for growth and expansion, catering to the local community's recreational needs. The combined operation of the bowling alley and the established restaurant creates a vibrant hub for social gatherings and entertainment within the town. This turnkey business is ready for a new owner to step in and capitalize on its existing success. The property's strategic location and the unique nature of the business make it a truly rare find in the Connell market. The sale includes the bowling alley, concession stand, and the existing lease agreement with the fast-food restaurant. This is an unparalleled chance to acquire a well-established and profitable business in a desirable location. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,376,085
- Hospitality
- $1,260,486
- Educational
- $1,048,710
- Medical
- $1,084,776
- Retail
- $1,631,326
Location Insight
- City
- Connell
- County
- Franklin
- State
- Washington
- Latitude
- 46.6554
- Longitude
- -118.862
- CBSA code
- 28420
- CBSA name
- KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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