Skate World

Special Purpose for Sale
Also listed as Business Opportunity, Industrial
Catylist Listing ID: 30106574
Property Subtypes: Sports/Entertainment
Building Size (RSF): 20,000 SF
Gross Land Area: 1.26 Acres
Sale Price: $1,150,000
Ceiling: 18 ft.
Property Use Type: Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Last Updated: 8/31/2017

Overview / Comments

Skate World opened in 1999 in a 20,000 SF purpose built steel building on Evansville’s eastside. In addition to the skate rink area, the building houses a large gaming area, a skate rental and locker area, skate shop, and snack bar. The building is equipped with an impressive audio system controlled from a DJ booth. All business equipment and inventory is included in the sale.

Skate World is a popular location for birthday parties and hosts dozens of special events each month. The facility is operated by a long-time manager and 4-5-part time staff that would be amiable to staying on under new ownership. Skate World is one of a very few skating rinks in the region.

* Established successful business with management in place
* Near shopping and dining destinations on Evansville's east side
* Limited competition - very few other rinks operating in the region
* Sale includes real estate and business

Contact listing agent for Confidentiality Agreement and business financials.

Attachments & Media

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $25,227 (Annual)
Tax Value Land $164,700
Tax Value Improvements $626,600
Assessed Value - Total($) $791,300 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $25,098 (Annual)
Tax Value Land $164,700
Tax Value Improvements $629,700
Assessed Value - Total($) $794,400 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $26,588 (Annual)
Tax Value Land $247,100
Tax Value Improvements $786,900
Assessed Value - Total($) $1,034,000 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $22,457 (Annual)
Tax Value Land $247,100
Tax Value Improvements $800,700
Assessed Value - Total($) $1,047,800 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $18,329 (Annual)
Tax Value Land $247,100
Tax Value Improvements $800,700
Assessed Value - Total($) $1,047,800 (Annual)

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-24-016-127.004-027
Zoning: C-4
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1999
Construction/Siding: Steel Frame
Parking Description: Approx 50 parking spaces
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal
Legal Description: VOGEL PLAZA L4

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,918 58,405 134,922
Median Age: 29.88 39.67 38.35
Households: 3,112 26,319 56,505

Contact

Photograph of Listing Agent

Scott Edmond CCIM

SVN | The Martin Group ICREX Member
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