Commercial Property For Sale
$295,000
437 Illinois 15, Albion, IL 62806
1.51 acres
Lot Area
1962
Year Built
Details:
Description:
Building Details: 80’ x 166’ metal-frame building situated on a concrete slab; constructed in 1962 and currently operating as Spare Time – Albion Bowling Center. The facility features 12 bowling lanes, a snack food and shoe-rental area, a large open seating/activity area, separate men’s and women’s restrooms (recently updated), storage lockers, and a small attic/storage area above the bowling machines. Building systems include two forced-air gas furnaces, two central air-conditioning units, a 6-gallon electric water heater serving the snack area, and 3-phase electrical service. Numerous repairs, improvements, and updates have been completed since 2018, and brand-new carpet was installed this summer.
Items Included: Sale includes the real estate and operating business, including the LLC, along with all regular fixtures, trade fixtures, point-of-sale (POS) equipment, and other business-related items owned by the business and not subject to third-party leases or vendor ownership. Also included are dining tables and seating, bowling equipment and units, bowling balls and pins, lane-maintenance equipment, and existing food and beverage inventory. The LLC is currently licensed for liquor sales, gaming, and other activities; contact the listing agent for additional information regarding existing licenses, eligibility, and transferability.
Items NOT Included: Popcorn machine. Please note that numerous other items and pieces of equipment are supplied by vendors and gaming companies and are not owned by the business. Current vendors have indicated they are open to continuing their relationships with a new owner, subject to applicable eligibility and approval requirements.
TURNKEY BUSINESS OPPORTUNITY — EXCELLENT LOCATION — HIGH VISIBILITY ALONG ROUTE 15
An established bowling and entertainment business with approximately 264’ of highway frontage, a well-maintained facility, updated features, and everything needed to continue operations. Don’t miss your chance at this remarkable commercial venture!
Documents:
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Location
Gallery