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    605 E 7Th St Tipton, IA 52772

    For Sale
    $345,000

    Commercial - IA

    Lot size:
    1.19 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for 605 E 7Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial & Business
    APN
    048011062020050
    Lot size
    1.19 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Whole House Fan

    Building Details

    Year built
    1958
    Flooring type
    Carpet, Concrete, Tile, Vinyl
    Building materials
    Block, Frame
    Architectural style
    Other

    Legacy Group REALTORS (DBA Keller Williams Legacy Group) (319) 423-4139 [email protected]

    Listing agent Jeffrey Wallick (319) 423-4139

    Listing date Oct 10, 2025

    MLS# 202503984 Listing URL

    Copyright © 2025 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Bowling Alley Business Opportunity

    This commercial property presents an exceptional business opportunity, currently operating as Red Pin. The sale includes the land, building, and existing business. The property features a bowling alley with synthetic flooring lanes, a restaurant, and a lounge, offering multiple avenues for serving the local community. Additional information regarding bowling leagues, food service, and the lounge can be provided upon request. The building includes custodial and furnace/utility rooms, along with large restrooms in the bowling alley area and two restrooms in the lounge. The property is zoned for commercial and business use and includes approximately 75 parking spaces. The lot size is 1.19 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bowling alleys

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tipton
    County
    Cedar
    State
    Iowa
    Longitude
    -91.120007
    Latitude
    41.771552

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    FAQs

    What type of property is this?
    Bowling alley - Operating bowling alley, restaurant, and lounge with ample parking.
    Where is this bowling alley located?
    The property is located at 605 E 7Th St Tipton, IA.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: - Land, Building & Existing Business (Red Pin) included in sale.; - Approximately 75 parking spaces available.; - Opportunity to serve the local community with food and lounge.
    (319) 423-4139
    Request Owner's contact information
    605 E 7Th St Tipton, IA 52772
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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
    605 E 7Th St Tipton, IA 52772
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