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210 4th St - Century Lanes 9,060 sq ft Leisure Building Offered at £231,775 at a 4.08% Net Initial Yield in Burlington, CO 80807

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INVESTMENT HIGHLIGHTS

  • Well established business
  • Unlimited growth potential
  • Qualified Opportunity Zone
  • 8 refinished blowing lanes, remodeled ADA compliant bathroom, full bar, and selectronics scoring.

EXECUTIVE SUMMARY

Great investment opportunity! Century Lanes has received many recent updates including Selectronics scoring, refinished lanes, HVAC, windows, ADA compliant bathroom, and a computerized lane oiler just to name a few. It is situated right near the I-70 exit. Century Lanes offer eight bowling lanes, a full bar with 3 pool tables, and food. Century Lanes is the only bowling alley in a 70 mile radius and attracts bowlers from many surrounding communities. This is a great investment opportunity with room to expand on a well established business.

PROPERTY FACTS

Price £231,775
Price per sq ft £25.58
Sale Type Investment or Owner Occupier
Yield 4.08%
Property Type Leisure
Costar Property Class C
Total Plot Size 0.48 ac
Property Size 9,060 sq ft
No. Floors 1
Year Built/Renovated 1980/2018
Parking Allocation 3.53/1,000 sq ft
Opportunity Zone Yes
Use Class Commercial - Commercial - 2

AMENITIES

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48000006
Land Assessment
£7,033
Improvements Assessment
£47,992
Total Assessment
£55,026
  • Listing ID: 26250361

  • Date on Market: 25/07/2022

  • Last Updated:

  • Address: 210 4th St, Burlington, CO 80807

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