Building Details

Building Size 10,960 SF

Year Built 1956

Stories 2

Listing Agency: Navigate Homes Show Phone

Listed By: Juliana Corona Show Phone

Source: Pinnaclerealtyia

Added: May 9, 2023 Changed: Sep 8 Last Checked: Sep 9 at 2:52PM

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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.

Property Analytics

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Current Use

Bowling alleys

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Parts Store Auto Repair Shop Dental Office Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

58

Businesses Nearby

Explore this area Business Placement

Demographics for 50461, IA

5,605

Population

2,564

Households

2.2

Avg Household Size

45

Median Age

23%

College-Educated

94%

High-School Grad

177.6 sq mi

ZIP Area

32

Density / Sq Mi

$66,004

Median Household Income

$44,332

Median Earnings

$748

Median Rent

$158,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this bowling alleys located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

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.