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50 W Westgate Dr

19,000 SF 100% Leased Retail Building Wheatfield, IN 46392 £567,892 (£30/SF)

Investment Highlights

  • Property is located 22 miles northeast of Rensselaer, 65 miles north of Lafayette, 90 miles south of Valparaiso, and 83 miles south of Merrillville.
  • Near Franciscan Wheateld Health Center, Three Strands Cafe, Upper Cuts Salon, Edward Jones, United State Post Oce, and Dollar General.

Executive Summary

Excellent investment opportunity for a well maintained bowling alley or can be redeveloped into an alternate use. This is a 19,000 SF building currently used as the Wheateld Lanes. Interior features include: A State of the Art 12 lane bowling alley equipped with a large arcade area, 3 private party rooms, tables/chairs, computer room, manager’s oce, mechanical/electrical storage closet, men’s and women’s bathroom, locker area, and eating area. Mackie’s Place is the bar within the bowling alley complete with a kitchen, exterior patio. If purchaser continues to use as a bowling alley, a full liquor license is included in purchase.

Attachments

Sale Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bowling Alley
Building Size
19,000 SF
Building Class
C
Year Built
2009
Price
£567,892
Price Per SF
£30
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.29
Lot Size
1.49 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
37-16-25-000-053.023-034
Land Assessment
£35,953
Improvements Assessment
£474,523
Total Assessment
£510,477
  • Listing ID: 34172520

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: 50 W Westgate Dr, Wheatfield, IN 46392

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