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121 Grant Street

Alexandria, IN 46001

ActiveListed Oct 5, 2026 · 1 day on market

Key facts

Living area
19,775 sqft
Lot
2.25 acres
Type
Commercial Sale · Business
MLS #
22129601
County
Madison
Total building area
19,775 sqft

About this home

This 16-lane bowling center with Brunswick A pinsetters has been family owned for 49 years. The establishment includes a small bar area with a beer and wine license included. The snack bar features a grill and fryer with counter space and booths for patrons to enjoy the various menu items. The attached banquet room, which is rented out for additional income, comes with tables and chairs for 120 people, and has been setup to hold as many as 200 guests. A new roof was put on in 2024 and the concourse has ample room for bowlers and guests. There are a lot of bowlers that have bowled in this facility for years.

Description provided by the listing brokerage.

Exterior

Parking and garage
Asphalt

Systems

Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
Commercial

Schools

Elementary school
Alexandria Monroe Elementary School
Middle school
Alexandria-Monroe Jr./Sr. High School
School district
Alexandria Community School Corp

Taxes

Estimated annual tax
$12,438 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,192per month, estimated
Principal and interest $2,016Property tax $1,037Insurance $140
20% · $79,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$399,900
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