3689 Highway 218, Osage, IA 50461
Mitchell County
Key Facts
Description
Well established bowling alley and restaurant/ bar located along HWY 218 on the north side of Osage. The bowling alley has 8 lanes with computerized scoring, locker room, 2 bathrooms and an entertainment area with tables, chairs, pool table and arcade games. The restaurant/ lounge is a great area to catch a bite to eat, watch the game and socialize. There is also a three bedroom possible four bedroom apartment on the second level to either live in or rent out for an additional income. The apartment has updated flooring kitchen and bathroom. Price includes all real estate, equipment, fixtures and trade names. The current owners are willing to help with bowling leagues the first season until the new buyers are comfortable with running them & are also willing to train the new buyers how to run the machines also.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1956
Stories
2
Living Area
10,960 sq ft
Lot Size
0.87 acres
Ownership
Joint Tenant
Zoning
other
Days on Market
1025
MLS® Listing#
20231751
Property Features
Heating
Construction
Roof
Utilities
Sewer
Financial Details
Annual Taxes
$5,025
Tax year 2021
Assessed Value
$315,740
Parcel Number
1023226010
Directions
Head north out of Osage on HWY 218. Property is on the west side of HWY218
Affordability Calculator
$60,000
Estimated monthly payment
$1,597/mo
Principal $240,000 · Est. interest $334,821 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Osage, IA
- $320,000
- Median Listing Price
- 45
- Median Days on Market
- 1,702
- Median Sq Ft
- $124
- Median Price / Sq Ft
- 14
- Active Listings
- This home’s price is 6% below the area median.
- Its price per sq ft is 78% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Osage, IA.
Location
Points of Interest in Osage, IA
Showing the Osage area map.
Nearby Schools
Lincoln Elementary School
Elementary · 0.8 mi away
Washington Elementary School
Elementary · 1.1 mi away
Sacred Heart Catholic Church
School · 1.1 mi away
Osage Middle School
Secondary · 1.3 mi away
Osage High School
Secondary · 1.3 mi away
St Ansgar High School
Secondary · 7.5 mi away
St Ansgar Elementary School
Elementary · 7.5 mi away
St Ansgar Community Schools
School · 7.6 mi away
Riceville Community School
Secondary · 13.6 mi away
Central Springs Community School District
Elementary · 14.2 mi away
Lyle Public School
Elementary · 16.1 mi away
Washington Elementary School
Elementary · 16.7 mi away
Carrie Lane High School
Secondary · 17.1 mi away
Charles City Community School District
School · 17.4 mi away
St. John Christian Preschool
School · 17.4 mi away
Immaculate Conception School
School · 17.5 mi away
Lincoln Elementary School
Elementary · 17.5 mi away
Rockford Junior-Senior Rockford Senior High
Secondary · 17.8 mi away
RRMR Elementary School
Elementary · 17.8 mi away
Carrie Lane High School
Secondary · 17.9 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 209 Park St, OSAGE, IA | $216,000 | 5 | — | 1,608 |
| 530 Main Street, Osage, IA | $250,000 | — | — | 4,532 |
| 814 Ash Street, Osage, IA | $259,000 | 3 | 3 | 2,288 |
| 1419 Chase Street, Osage, IA | $269,000 | 3 | 2 | 1,215 |
| 1415 Chase Street, Osage, IA | $275,000 | 3 | 2 | 1,208 |
| 721 Main, OSAGE, IA | $295,000 | — | — | 5,148 |
Moving Cost Estimate
EXIT Agents in Osage
Listing Courtesy: Main Realty - 6417325790
Presented by: Robert D Muller