BOWLING GREEN, Ohio — Ever wanted to buy a mall? Now’s your chance… and it could go for less than a million bucks.
The Woodland Mall in Bowling Green is up for sale according to commercial real estate platform Ten-X.
As of September 15, the starting bid for the mall sits at $875,000.
According to the listing, the 270,000 square foot building sits on 42 acres at 1234 North Main Street, just minutes from downtown and the B.G.S.U. campus and along Bowling Green’s main business corridor.
The enclosed mall currently has a 65% occupancy rate and is anchored by Dunham Sports and Able Body Fitness. In addition, the mall contains restaurants, a mini golf course, and other retail stores.
The mall was built in 1987 to great fanfare. It was originally anchored by an Elder-Beerman store which closed its doors in 2018. Over the years, the mall has been renovated a number of times, including in 2008 and 2010.
At the time the mall was built, city of Bowling Green officials were hopeful that the mall would attract new customers for business and new money into the city.
In recent years however, the mall has struggled to attract and maintain the same customer traffic and high profile stores as other nearby suburban shopping malls, such as Levis Commons in Perrysburg.
A Sears Hometown store at the mall closed in 2022 and the movie theater at the mall shut its doors during the COVID-19 pandemic.
Tours of the property are available by contacting the broker here.
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