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    402 N Brks St Lenox, IA 50851

    For Sale
    $199,950

    Commercial - Lenox, IA

    Property size:
    6,696 SF
    Days on Market:
    33
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 402 N Brks St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    Parking features
    Garage
    Size
    6,696 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1954
    Year renovated
    1954
    Floors in Building
    1
    Roof type
    Metal
    Architectural style
    Other

    Preferred Properties of Iowa, Inc. (641) 333-2705

    Listing agent Jacy Larson (641) 333-2705

    Listing date Nov 6, 2025

    MLS# 11488727 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Bowling Alley and Restaurant

    This commercial property, located on the main highway in Lenox, Iowa, features a fully equipped restaurant and bowling alley. The property offers a turnkey business opportunity suitable for the entertainment and dining industry. Recent modern upgrades include new bowling tables, a stove, paint, carpet, a bar, and lighting, enhancing the property's appeal, especially with its cosmic bowling feature. The property provides over 6,500 square feet of space. As one of the few remaining bowling alleys in southwest Iowa, it provides a modern entertainment experience. Ample parking ensures easy access for large groups and events. The property's spacious layout allows for potential expansion or customization, enabling new owners to tailor the space to their vision. The venue is suitable for hosting events and parties, offering additional revenue streams.
    Location Intelligence

    Current Use by Public Records

    Bowling alleys

    Map

    City
    Lenox
    County
    Taylor
    State
    Iowa
    Longitude
    -94.564889
    Latitude
    40.88512

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Bowling alley - Fully equipped restaurant and bowling alley in Lenox, Iowa.
    Where is this bowling alley located?
    The property is located at 402 N Brks St Lenox, IA.
    What is the asking price?
    The asking price for this property is $199,950.
    What are key features of this property?
    This property features: - Turnkey business opportunity: **Fully equipped restaurant and bowling alley ready for immediate operation.**; - High visibility and accessibility: Located on the main highway in Lenox, attracting both locals and travelers.; - Recent modern upgrades: **New bowling tables, stove, paint, carpet, bar, and lighting, including cosmic bowling.**
    (641) 333-2705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    402 N Brks St Lenox, IA 50851
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