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Key Details
Sold Price $265,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Municipality Paw Paw Twp
MLS Listing ID 21108362
Sold Date 06/13/22
Full Baths 2
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1960
Annual Tax Amount $9,983
Tax Year 2021
Lot Size 7.200 Acres
Acres 7.2
Property 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.
Location
State MI
County Van Buren
Area Greater Kalamazoo - K
Direction From Paw Paw, west on Red Arrow Highway. Property is on the north side of the road.
Interior
Cooling Central Air
Fireplaces Number 1
Exterior
Garage Paved
Utilities Available Natural Gas Connected, Electricity Available
Waterfront No
View Y/N No
Roof Type Metal
Street Surface Paved
Parking Type Paved
Building
Sewer Septic System
Water Well, Public
New Construction No
Schools
School District Paw Paw
Others
Tax ID 801435000900
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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United Country Midwest Lifestyle Properties
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