52 Mead Street, Espanola, Ontario P5E 1E8

Listed for:
$875,000
0 beds
0 baths
Listed 197 days ago
Recreational for rent: 52 Mead Street, Espanola, Ontario P5E 1E8

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Learn more about this property
Listing provided by:
RE/MAX CROWN REALTY (1989) INC., BROKERAGE (ESPANOLA)
MLS® number:
2113792
Agent:
Rolly Leclair
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About

Great opportunity for a family or small scale entrepreneur - turn key operation - BOWLING ALLEY. Centrally located and well established (60+yrs) within the community. Certified eight lanes - 5 pin. Well maintained with recent improvements (shingles, insulation, kitchen equipment, cash registers, natural gas furnace). Two nationally ranking standards, Glow Bowl outfitted, Liquor License and snack bar with kitchen for up to 72 people. Vendors will train new owner(s) for a successful transition. If you are a go-getter wanting to be self employed??? COULD ALSO BE CONVERTED INTO APARTMENT UNITS OR COMMERCIAL OFFICE SPACE?? (id:27476)

Property Highlights

Type
Recreational
Cooling type
Heating fuel
Fireplace
No
Construction material
Brick, Metal
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is being offered as a Freehold, making it an excellent opportunity for a family or a small-scale entrepreneur. It is a fully operational BOWLING ALLEY, making it a turnkey business. The property is centrally located and has been well-established within the community for over 60 years. It boasts eight certified lanes for 5-pin bowling and has been well-maintained with recent upgrades including shingles, insulation, kitchen equipment, cash registers, and a natural gas furnace. Additionally, it has two nationally ranking standards, Glow Bowl outfitted, a Liquor License, and a snack bar with a kitchen that can accommodate up to 72 people. The current vendors are willing to provide training to the new owner(s) to ensure a smooth transition. For those with an entrepreneurial spirit, there is also the potential to convert the property into apartment units or commercial office space.

This property is currently on the market for sale and offers a land size of under 1/2 acre. It is situated on 52 Mead Street in the city of Espanola, Ontario, with a postal code of P5E1E8. The building exterior is finished with a combination of brick and metal, and it is heated using forced air. The property is classified as Recreational, offering a versatile opportunity for the new owner(s) to continue the bowling alley business or explore alternative uses for the space.