Sugar Lanes Lets Go Bowling!

Special Purpose for Sale
Catylist Listing ID: 30331808
Property Subtypes: Sports/Entertainment
Building Size (RSF): 10,500 SF
Gross Building Area: See Agent
Gross Land Area: 0.49 - 0.74 Acres
Sale Price: $395,000
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/14/2018

Overview / Comments

Redevelopment Project ~ This Stunning Beauty sits smack in the HEART of Historic Downtown Belen. Lets Go Bowling! Pins, Shoes, Balls, Lights.. 12 LANES with The Reminiscent History & Memories that Belen's Sugar Bowl Lanes once Emanated.. This Package Sale includes: The Bowling Alley & a Manufactured 2 bedroom home that sits on .49 Acre lot, PLUS the Corner paved lot on the west side .24 Acre is included with this sale for parking. WAIT THERES MORE.. Atop the Bowling Alley there is a Loft Style 2 bedroom Apartment with Phenomenal Views of Downtown Belen. Belen is on the Move.. This subject is underproducing as the Bowling alley is Closed.(flip the breakers and the lights and pins start, this Funhouse needs a great cleaning & its functional).. It would make a GREAT live work situation to increase cash flow.

Additional Details

Nearest MSA: Albuquerque
County: Valencia
Taxing Authority: Valencia
Tax ID/APN: 1007028331243000000
Zoning: C1
Property Located Between: Historic Downtown Belen
Property Visibility: Excellent
Largest Nearby Street: Main Street Belen
Feet of Frontage: 220
Airports: Belen Alexander, Mid Valley Airpark, Albuquerque International Airport
Site Description: Historic Downtown Belen where things are happening with Revitalization under way..
Area Description: Near the recently opened Jaramillo Wine Tasting Room, and the Historic Pete's Café and the Harvey House Museum is just walking distance away..
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Average
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block Construction for the Bowling Alley .. PLUS the Manufactured Home
Parking Type: Surface
Parking Description: Flat Parking lot to the West of the Bowling Alley
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Evaporative Cooler
Interior Description: Flip the Breakers.. AND LETS GO BOWLING!.. Functional, Dated. SOLD AS IS.
Part of Planned Development?: Yes
In Flood Plain?: Yes
Lot Frontage: 220
Lot Depth: 135
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Home Structure to the South of parking lot has driveway easement.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,181 14,758 18,677
Median Age: 39.04 41.76 40.39
Households: 918 5,881 7,259
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