Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    605 E 7Th St Tipton, IA 52772

    For Sale
    $345,000

    Business - Tipton, IA

    Type:Business
    Property size:
    10,412 SF
    Lot size:
    1.19 Acres
    Days on Market:
    177
    Last Refresh:
    Dec 9 at 4:06 am

    Property Features for 605 E 7Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    Commerc
    APN
    048011062020050
    Size
    10,412 SF
    Lot size
    1.19 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1958
    Floors in Building
    1
    Flooring type
    Carpet, Concrete, Wood
    Building materials
    Block, Concrete, Frame
    Roof type
    Membrane
    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 Jun 16, 2025

    MLS# 2504450 Listing URL

    Copyright © 2025 Cedar Rapids 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 Business Opportunity in Tipton

    This is an established business opportunity, including land, building, and existing business. Currently operating as Red Pin, this property offers opportunities to serve the local community. The building has 10,412 square feet of living area and is located in Tipton, Iowa. The property includes a bowling alley with synthetic flooring lanes, a custodial room, a furnace/utility room, and large restrooms in the bowling alley and two restrooms in the lounge. The property is zoned commercial and has approximately 75 parking spaces. More information on bowling leagues, food, and the lounge can be shared upon request. 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
    -91.1443
    Latitude
    41.7563

    Nearby Similar for Sale

    • $499,000
      8,000 SF

      Former Dollar General on Highway

      8,000 SF retail space on 1.52 acres.
      1510 Cedar St, Tipton, IA 52772
      View Details
    • $275,000
      11,040 SF

      Tipton Commercial Building with Dock

      11,040 sq ft commercial building with truck loading dock.
      401 W 9Th St, Tipton, IA 52772
      View Details
    • $320,000
      12,490 SF

      Tipton Industrial Warehouse For Sale

      12,490 SF industrial warehouse on 0.65 acres in Tipton.
      410 W 6Th St, Tipton, IA 52772
      View Details
    • New
      $399,982
      55.17 Acres

      Tipton, Iowa Farm Land

      55.17 acre farm with crop acres available for sale.
      IA-38 300Th St, Tipton, IA 52772
      View Details
    • $265,458
      Pending

      Tipton, Iowa Farmland Opportunity

      26.95 acre farm with crop acres available for sale.
      300Th St, Tipton, IA 52772
      View Details
    • $49,900
      4,000 SF

      Tipton Retail and Residential Opportunity

      Former restaurant with apartments in high-traffic Tipton location.
      312 Cedar St, Tipton, IA 52772
      View Details

    FAQs

    What type of property is this?
    Bowling alley - Operating business with land, building, and equipment for sale.
    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 Included; - Established Business: Currently operating as Red Pin; - Significant Parking: Approximately 75 spaces
    (319) 423-4139
    Request Owner's contact information
    605 E 7Th St Tipton, IA 52772
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    605 E 7Th St
    Tipton, IA 52772
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.