• Units
• Unknown Sq Ft
• 174,240 Sq Ft
• Unknown Cap Rate

Description

This property to be sold via online auction. The listing price is the starting bid. No pre-auction offers.

Up for auction is Nottoway Lanes, a 14,216-square-foot metal-frame building located in Blackstone, Virginia. Purpose-built in 2010 as a bowling alley and entertainment center, this facility features 12 lanes, a spacious bar and kitchen area, and two separate meeting rooms, making it a versatile property for both recreation and events. 

The property has served as a popular bowling destination, leased to various operators over the years, and presents a unique investment opportunity. Additionally, a recent inspection report (available for review) outlines the current condition of the bowling equipment, with several key recommendations. The equipment will require repairs and replacements, such as additional pins, extensive maintenance for lanes 3, 10, and 11, and technical fixes to ensure operational efficiency. A detailed list of these needs has been provided by the inspector and should be carefully considered by potential buyers.

This building is ideally located along Darvills Road, just minutes from Blackstone’s main thoroughfares and Fort Barfoot's main gate, and offers substantial parking, ideal for customer convenience. Whether you intend to revitalize the current bowling business or repurpose the facility for another venture, Nottoway Lanes offers substantial square footage and flexibility to suit a variety of uses.

Inspection Highlights:
- Bowling Equipment Condition: Some lanes need repairs and adjustments, including lane pinsetters and deck motors. A detailed list of these issues and needed items for repair will be provided to interested parties.
- Facility Features: Full bar, kitchen, and meeting rooms ready for events or social gatherings.
- Condition: Building constructed in 2010, used for various entertainment purposes.

This is a fantastic opportunity for investors or business owners looking to breathe new life into a versatile entertainment space. The property will be sold "as-is," and the seller will not entertain any pre-auction offers.

Terms: $20,000 non-refundable deposit required on the day of sale, with the balance due in 45 days.

Contact us for further information, including open house schedules, inspection reports, and terms.