$400,000

38656 W Red Arrow Highway

Paw Paw MI, 49079

Description

Rainbow Lanes business and real estate for sale! This 15,500 SF bowling center has been serving the community since 1960 and is the only one of its kind located in the area. This is great opportunity for an individual with new ideas to come in, update the center, and add other income drivers such as mini golf, arcade and even live entertainment to the center. Brand new Brunswick lanes were installed in 2012. Located directly across the street from Coca-Cola/Minute Maid, this parcel could also be a prime redevelopment parcel totaling 7.2 acres of land with 350 feet of road frontage on Red Arrow Highway. Aggressive pricing and motivated seller. Sale included business, real estate, and rare Class C Resort Liquor License. Liquor license not available by itself.

Details

MLS#19044178
StyleIndustrial
Sub-TypeResale
StatusActive
Year1960
Days On Site36

Features

SQ Feet15,500
Story(s)1
ZoningGC

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Area Information

StateMI
CountyVan Buren
CityPaw Paw
Zip Code49079
AreaGreater Kalamazoo - K
Listing VS Median (in 49079)
Price:
$400,000
low | high
Med:
$174,894
100% of Average
SqFt:
15,500
low | high
Med:
3,251
100% of Average
$ / SqFt:
$26
low | high
Med:
$83
100% of Average
On Site:
36
low | high
Med:
54.5
66.05504587156% of Average
Listing Updated: 10/15/2019
MLS Number: 19044178
Listing Provided By:
TJ Ward  of  Kalamazoo Commercial Real Estate
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.