4355 Highland Rd - Sports and Entertainment FOR SALE


Waterford, MI 48328
$2,200,000 USD
248-408-2754
4355 Highland Rd, Waterford, MI for Sale
$2,200,000 USD
Sports and Entertainment - FOR SALE
1/12
null | Request Cap Rate

4355 Highland Rd
Waterford, MI 48328


OVERVIEW

The opportunity is to purchase the Sportway-Waterford business. This property consists of the following areas: 1. Ticket /Manager Office 2. Batting Cages 3. Go-Cart race course (1/4 mile) 4. Euro-Bungy Jump 5. Miniature Golfing 6. Concession Building 7. Private Party Room 8. Bathrooms 9. Approximately 18 +/- excess acreage including lake access The excess land can possibly be used to expand operations, i.e., construct a year-round arcade/gaming area; possibly use lake area for paddle boats. With some re-zoning that the municipality is open to, the excess and would also make for possible multi-family, i.e., senior housing or assisted-living. Several nearby shopping areas, restaurants, cinemas, etc.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$1,196 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sport-Way

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

22.3 AC

LAND SF

971,388 SF

ZONING

BI

APN/PARCEL ID

13-22-401-021,13-22-401-024,13-22-401-025

ASK ABOUT THIS PROPERTY

Phil WojtowiczTeam CORE, LLCMore Info
248-408-2754

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Phil WojtowiczTeam CORE, LLCMore Info
248-408-2754

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.