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605 E 7TH Street Tipton ,
Iowa IA 52772 Status Active
SqFt
6,950
Acres
1.190
County Cedar
Year Built 1958
Property Type Commercial Sale
Property Sub Type Commercial
Description
Land, Building & Existing Business, $275,000.00. Currently operating as Cedar Lanes & Sportsters Bar. Great Opportunity to expand Restaurant as Tipton has lost several Restaurants during the pandemic. Other Possible uses would be a Shooting Range, Storage, Warehouse, Restaurant & Community Center. Approximately 75 parking spaces. Current Bowling Alley Lanes are synthetic flooring. Custodial room, furnace/utility room, Large restrooms in Bowling Alley & Two in Lounge.
Year Built
1958
County
Cedar
Property Type
Commercial Sale
Property Sub Type
Commercial
Zoning
Commercial
Levels
One
Building Features
Cable
Available SqFt
6950
Heating
Forced Air, Gas
Cooling
Central Air
Flooring
Carpet, Concrete, Other
Construction Materials
Other, Wood Siding, Block, Frame, Steel/ST Fram
Number Of Buildings
1
Frontage Type
City Street, Corner Lot, Paved 2Lane, State Road
Parking Total
70
Lot Size Dimensions
250x224x100x47x140x178
Irregular Lot
yes
Lot Size SqFt
1.19
Sewer
Public Sewer
Electric Company
City of Tipton
Gas Company
City of Tipton
Roof
Composition Shingle, Membrane
100 Year Flood Plain
No
Directions
I-80 West to Exit 267 and North on Hwy 38 into Tipton and Right on E 7th St
MLS Area Minor
QCARA Area
Handicap Modified
Yes
Possible Use
Other, Community Center, Neighborhood Center, Outlet Center, Retail, Industrial, Office
Documents Available
Other
Documents Count
2
For Sale
yes
Owner Pays
N/A
Tenant Pays
NotApplic
Tax Annual Amount
6772
Tax Incentive
In City Limit
Tax Year
2021
Current Financing
Cash Only, Conventional, Other
Net Operating Income
-6772
Insurance Per SqFt
0.75
CAM Per SqFt
0.5
For Lease
no
Lease Term
Not Applicable
© Copyright 2023 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than WHY USA Schramm and Associates are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The offer is made only to Participants of the MLS where the listing is filed
The RMLS data on this page was last updated on Tuesday, January 31st, 2023.
Listed by: Cornerstone Real Estate Consultants Office: 563-886-2679
© Copyright 2023 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than WHY USA Schramm and Associates are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.
