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31639061
31639059

1031 Mills Street, Black Earth, WI 53515 For Sale

KM
WI 113512-94
Madison Commercial Real Estate LLC
Madison Commercial Real Estate LLC
Listed by Madison Commercial Real Estate LLC
$579,000
99 days on market
Updated 6 days ago

Black Earth Lanes

Details
APN 0806-264-2539-1
Property Type Retail
Sub Type Bowling Alley
Square Footage 7,030
Tenancy Vacant
Price per SqFt $82
Year Built 1947
Buildings 1
Stories 1
Acreage 0.310
Zoning B-1 General Commercial
Investment Type Value Add

1031 Mills Street, Black Earth, WI 53515

Marketing description

Black Earth Lanes presents a rare opportunity to acquire a fully operational, 8-lane vintage bowling tavern and beloved community gathering place located approximately 20 miles west of Madison, Wisconsin. Offered at $579,000, the sale includes the real estate, business operations, and all furniture, fixtures, and equipment, providing a true turnkey opportunity for an owner-operator or regional operator seeking expansion within Dane County.

Featuring eight original wood lanes with rich, well-maintained grain, Black Earth Lanes delivers an authentic bowling experience that is increasingly difficult to replicate. The business serves as a central hub for the community, supported by recurring league play, open bowling, private events, and a strong bar-driven atmosphere. Operations are complemented by food service capabilities integrated within the bar area, allowing for efficient service and consistent customer engagement. The property benefits from a loyal local customer base, supplemented by visitor traffic drawn to nearby destinations including The Shoebox, Black Earth Children's Museum, American Player's Theatre and other regional attractions. With its established reputation, in-place infrastructure, and multiple revenue streams, the business offers immediate operational continuity with meaningful upside through targeted enhancements.

Investment highlights

  • Asking Price: $579,000 (All-In) - Real estate, business, and FF&E included
  • 8-Lane Vintage Bowling Experience - Original wood lanes with authentic character
  • Turnkey Going-Concern Sale - Immediate operational continuity for new ownership
  • Beloved Local Institution - Longstanding community gathering place with deep local ties
  • Recurring Revenue Base - League play, events, and repeat patronage support consistent operations
  • Bowling Tavern Concept - Bar-driven environment with integrated food service capabilities
  • Diversified Revenue Streams - Bowling, leagues, bar service, food offerings, events, and gaming
  • Attractive Social Layout - Central bar, seating areas, gaming, and gathering spaces
  • Outdoor Patio Space - Additional seating and seasonal revenue potential
  • Consistent Local & Regional Traffic - Supported by community patrons and nearby attractions
  • Proximity to Madison, Wisconsin - Access to broader Dane County population
  • Value-Add Opportunity - Potential to implement modern scoring systems, expand programming, or enhance operations

Listing Contacts

KM
WI 113512-94
Madison Commercial Real Estate LLC
Madison Commercial Real Estate LLC
Listed by Madison Commercial Real Estate LLC

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Additional Information

Name
Kurt Malueg
License
113512-94
Brokerage
Madison Commercial Real Estate
Brokerage Phone
6088980691
Title
Sales and Leasing Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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