MIAMI-Vista Bowling Center Ltd. of Miami, FL, has closed on the sale of its 61,200-sf building in West Palm Beach to St. Anthony’s Building Partnership. The $2.5-million price tag equates to $40.85 per sf. The vacant property, the former Vista Bowling Center, is located at 2101 Vista Parkway in Vista Center.

The new owner, also of West Palm Beach, is apparently weighing some options. These include conversion of the building into a skating rink or leasing it out as office or call-center space, Robert Smith, one of the brokers in the transaction, tells GlobeSt.com.

St. Anthony’s Building Partnership has sought zoning changes for the one-story property, built in 1989. It is zoned as recreational, and the company wants office there as well, Smith says. Smith and Jeff Kelly both with the Palm Beach County office of CB Richard Ellis Inc., represented Vista Bowling Center. They were the only brokers involved in the transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.