605 E 7th St, Tipton, IA 52772

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.