Palm Beach Community Bank has sold a repossessed bowling alley near Lake Worth for $3.275 million. The bank took control of the 59,777 square foot property located at 6591 South Military Trail after foreclosing on Palm Beach Strike Zone’s $3 million mortgage. The buyer’s name is Military Self Storage LLC, though it’s unclear if the name indicates the use to which it will put the 6.2 acre site. Palm beach Community Bank provided a $2.6 million mortgage to the buyer, a Parkland based company managed by 3M Porperties’ Mario Mangone.
