$390,000 38656 W Red Arrow Highway Paw Paw, MI

MLS: 19044178   Type: Commercial   County: Van Buren   City: Paw Paw   Area: Paw Paw Vllg   Neighborhood: Paw Paw Vllg   Zip: 49079   Style: Business Opportunity     Taxes: $9,547

Mortgage $1,831 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

0

0

0

15,500

7.2

1960

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.

Elementary School

Middle School

High School

Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles
Click Here
Distance: N/A Miles

Price History

9/10/2019 Listed $400,000
9/4/2020 3% - $390,000

Business Includes Equipment, Furniture, Inventory, Licenses, Real Estate
Current Bldg Use Bowling Alley
Heating Forced Air
Homestead % 0.00
Municipality Paw Paw Vllg
New Construction No
Road Frontage 350.00
Roof Metal
School District Paw Paw
Sewer Septic System
Sub-area K88 - Village of Paw Paw
Uses Bar/Tavern/Lounge, Recreation
Water Well
Zoning GC

Interior Features

Air Conditioning Central
Heat Source Natural Gas

Exterior Features

Construction Type Pole/Wood
Driveway Paved
Total # Bldgs 1.00

Property Schools



Direct Link:

https://www.lakerealtors.us/property/15-19044178-38656-W-Red-Arrow-Highway-Paw-Paw-MI-49079

Gallery (12 photos)

Ask Your Agent a Question

Property vs Zip Code Avg (49079)

Price 390K Avg 224K

Sqr Feet 15,500 Avg 4,438

Cost / Sqr Ft $25 Avg $51

Taxes $9,547 Avg $4,687

Acres 7.2 Avg 2.39

Visits 88 Avg 49

Days on Site 615 Avg 490

Walkscore® 15 Avg 30

Data Provided by Walkscore ® not using MLS data

Ask How to Finance this Property

Download Our Mobile App

Download Millions Mapped

Listing Provided Courtesy Of: TJ Ward at Kalamazoo Commercial Real Estate - (269) 888-2755




Back to Search

Chat is Now Online! Ask Away!

In the Neighborhood

Find Your Home's Value Instantly

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

LakeREALTORS

New Buffalo, MI
312-756-0605