408 Oak StWaupaca, WI 54981

Property Details for 408 Oak St

Lot size

0.59 AC

Property type

Commercial real estate

APN

34 20 70 85

APU

34207085

Description

This exceptional commercial property located at 408 Oak Street in Waupaca, Wisconsin, presents a unique investment opportunity. The 8,924 square foot building sits on a 0.58-acre lot and houses a well-established and operational bowling alley featuring eight lanes. Beyond the bowling lanes, the property includes a dedicated locker room, providing ample storage for patrons' belongings. A versatile event/party room offers significant potential for additional revenue streams, perfect for hosting private functions, corporate events, or community gatherings. The property also boasts a fully equipped kitchen, ideal for catering events or providing concessions, and a large full bar, adding to the entertainment options and revenue generation capabilities. Currently, the business operates successful leagues in bowling, horseshoes, and pool, providing a solid foundation for continued success. However, the property's expansive space and diverse amenities offer significant potential for expansion and diversification. The new owner could introduce new leagues, activities, or services to further capitalize on the existing infrastructure and strong community presence. This turnkey operation presents a rare opportunity to acquire a profitable business with significant upside potential in a desirable location. The asking price for this established business and property is $450,000.

Location Insight

City

Waupaca

County

Waupaca

State

Wisconsin

Latitude

44.3612

Longitude

-89.0767

Property Tax & Assessments

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