For more information on this property,
contact David Ten Cate at 616-502-1155 or dave@capstonecompanies.net
38656
W
Red Arrow Highway,
Paw Paw,
Michigan
MI
49079
Sold For: $265,000
Listing ID 21108362
Status Closed
Full Baths 2
Total Baths 2
SqFt 15,500
Acres 7.200
Year Built 1960
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.
Primary Features
County:
Van Buren
Property Sub Type:
Business
Property Type:
Commercial Sale
Year Built:
1960
Interior
Building Features:
Bath Common Area
Heating:
yes
Heating Type:
Forced Air
External
Lot Size Area:
7.2
Lot Size Square Feet:
313632
Lot Size Units:
Acres
New Construction:
no
Number Of Buildings:
1
Number Of Units Total:
4
Roof:
Metal
Sewer:
Septic System
Water Source:
Well, Public
Location
Directions:
From Paw Paw, west on Red Arrow Highway. Property is on the north side of the road.
High School District:
Paw Paw
MLS Area Major:
Greater Kalamazoo - K
MLS Area Minor:
Greater Kalamazoo - K
Zoning Description:
GC
Additional
Business Type:
Bar/Tavern/Lounge, Recreation
Mls Status:
Sold
Financial
Inclusions:
Real Estate, Licenses, Inventory, Furniture, Equipment
Lease Considered:
no
Listing Terms:
Conventional, Cash
Tax Annual Amount:
9983.78
Tax Assessed Value:
195205
Zoning Info
Contact - Listing ID 21108362
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