For Sale
For Sale
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Year Built
1958
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Total Building Size
24,289 RSF
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Overview
Primary Corridor on S. Virginia Street with High Visibility of S Virginia and Moana You can buy Building or Building with the Business (NOI was over $285,000 in 2021 and seems to be growing still in 2022) Located on the South Virginia corridor right between the Peppermill hotel and casino and the Atlantis Hotel and Casino. Just a 1/2 mile away from the emerging development of Park Lane High Sierra Lanes has been in business over twenty years and shows a very consistent cash flow year over year. This family entertainment center features 24 lanes of bowling, 15 gambling machines, arcade, full-service snack bar, pro shop, and embroidery shop. The business has a very consistent customer base of over 2000 league bowlers with leagues six nights a week. The center boasts black light bowling both Friday night and Saturday night with a DJ to host the party. This is a hot spot for holiday parties and business gatherings/meetings. The owner is willing to stay on to train the new owner / manager. There are seven full-time employees and approximately 13 part-time employees.
For Lease
3390 S Virginia St
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Time on Market
over 4 years
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Space ID
1900970
Property Details
High Sierra Lanes - Bowling - development site
Primary Corridor on S. Virginia Street with High Visibility of S Virginia and Moana You can buy Building or Building with the Business (NOI was over $285,000 in 2021 and seems to be growing still in 2022) Located on the South Virginia corridor right between the Peppermill hotel and casino and the Atlantis Hotel and Casino. Just a 1/2 mile away from the emerging development of Park Lane High Sierra Lanes has been in business over twenty years and shows a very consistent cash flow year over year. This family entertainment center features 24 lanes of bowling, 15 gambling machines, arcade, full-service snack bar, pro shop, and embroidery shop. The business has a very consistent customer base of over 2000 league bowlers with leagues six nights a week. The center boasts black light bowling both Friday night and Saturday night with a DJ to host the party. This is a hot spot for holiday parties and business gatherings/meetings. The owner is willing to stay on to train the new owner / manager. There are seven full-time employees and approximately 13 part-time employees.
- Property TypeSpecial Purpose
- Submarket
- Year Built1958
- Sale Price$4,500,000
- Total Building Size24,289RSF
- Total Acres1.67
- Total Available24,289RSF
- Largest Contiguous24,289RSF
- Sale StatusAvailable
- Will build to suitNo
- SewerNo
- Corner lotNo
- Property ID2127911
Landlord's Leasing/Sales Representatives
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