3689 Highway 218 Osage, IA 50461

Building Details

Year Built

1956

Listing office Main Realty B**@mainrealty.net Show Phone

Listing date May 10, 2023

Source Exitrealty

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Investment Insights

Based on property information with market context.

This well-established bowling alley and restaurant/bar is located along HWY 218 on the north side of Osage. The bowling alley features 8 lanes with computerized scoring, a locker room, 2 bathrooms, and an entertainment area equipped with tables, chairs, a pool table, and arcade games. The restaurant/lounge provides an area to eat, watch games, and socialize. The property also includes a three-bedroom (possible four-bedroom) apartment on the second level, suitable for either living in or renting out for additional income. The apartment has updated flooring, a kitchen, and a bathroom. The sale price includes all real estate, equipment, fixtures, and trade names. The total property size is 10960 square feet. The current owners are willing to assist with bowling leagues during the first season and train the new buyers on how to operate the machines.

Key Highlights

• Established bowling alley, restaurant and bar with real estate included.
• Three/four‑bedroom apartment on the second level, updated with new flooring, kitchen, and bathroom - perfect for living or rental income.
• Restaurant/lounge area for dining and socializing.

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FAQs

What type of property is this?

Bowling alley - Established bowling alley, restaurant/bar, and apartment for sale.

Where is this bowling alley located?

The property is located at 3689 Highway 218 Osage, IA.

What is the asking price?

The asking price for this property is $300,000.

What are key features of this property?

This property features: Established bowling alley, restaurant and bar with real estate included.; Three/four‑bedroom apartment on the second level, updated with new flooring, kitchen, and bathroom - perfect for living or rental income.; Restaurant/lounge area for dining and socializing.