Properties

PROPERTY DETAILS
Property Description :

Rare commercial opportunity: business, building, and land! The Red Pin is Tipton’s ONLY bowling alley, offering 10, 412 SF on one level on 1.19 acres with a large paved lot (approx. 75 spaces) across from Tipton City Park. Ideal for owner-operators, investors, or users seeking flexible commercial space. The established business features 8 lanes plus a separate bar and restaurant with a functioning kitchen, so spaces can run together or independently. 4 restrooms and an owned ATM. Multiple revenue streams: bowling, food, beverage, leagues, parties, and private events. Zoned C-1 Local Commercial, with permitted uses including restaurant, retail, office, theater, personal services, private school, and more. Continue the operation, expand the event business, or reposition the property. Financials available to qualified buyers. Buyers to verify intended use, zoning, and approvals with the City of Tipton.

Property Type : Commercial Sale
Listing ID : 2607807
Listing Type : For Sale
Price : $345,000
Year Built : 1958
Lot Area : 1.19 Acre
Building Area Total : 10412
Lease Amount Unit : Dollars Per Square Foot
Property Type : Business
Area : OT-E (East of I-380)
Listing Status : Active
Property Sub Type : Business
Roof : Asphalt, Shingle, Membrane
Property Subtype : Business
Property Description

Rare commercial opportunity: business, building, and land! The Red Pin is Tipton’s ONLY bowling alley, offering 10, 412 SF on one level on 1.19 acres with a large paved lot (approx. 75 spaces) across from Tipton City Park. Ideal for owner-operators, investors, or users seeking flexible commercial space. The established business features 8 lanes plus a separate bar and restaurant with a functioning kitchen, so spaces can run together or independently. 4 restrooms and an owned ATM. Multiple revenue streams: bowling, food, beverage, leagues, parties, and private events. Zoned C-1 Local Commercial, with permitted uses including restaurant, retail, office, theater, personal services, private school, and more. Continue the operation, expand the event business, or reposition the property. Financials available to qualified buyers. Buyers to verify intended use, zoning, and approvals with the City of Tipton.

Features
: Concrete , Carpet , Wood
: Storage
: Public Sewer
: Electricity Available , Natural Gas Available
Address Map
US
IA
Cedar
Tipton
52772
East 7th Street
605
Hwy 38 into Tipton and East on E 7th Street to property
OT-E (East of I-380)
C-1
More Information
SKOGMAN REALTY
Katie Sleeper
$0
$0
$0
Additional Information
: Frame , Block , Concrete
See Remarks, 220 Volts
51, 836 SF
2026-11-06
https://www.propertypanorama.com/instaview/cdr/2607807
: Public
Financial
10120.0
Listing Information
Jesse Grade
GRADEJESSE121
CSKN06
SKOGMAN REALTY CORRIDOR
SLEEPERKATIE121
CSKN
Cash, Contract, Other
Active
2026-11-06T21:00:09Z
CDR
2026-11-06T13:08:23Z

605 East 7th Street, Tipton, Iowa 52772

605 East 7th Street, Tipton, Iowa 52772

  • Lot Area: 1.19 Acre
List Price: $345,000.00
Listing ID#2607807
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Q4 Agents

JASON ROGERS

Broker

1950 Boyson Road Hiawatha, Iowa 52233

Contact Jason Rogers:

319-361-3958 jrogers@Q4realestate.com

CRAIG BYERS

Realtor, CCIM

1950 Boyson Road Hiawatha, Iowa 52233

Contact Craig Byers:

319-360-7017 cbyers@Q4realestate.com

AUSTIN GEASLAND

Realtor

1950 Boyson Road Hiawatha, Iowa 52233

Contact Austin Geasland:

319-893-3279 ageasland@Q4realestate.com

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