205 Annex Road Madrid, IA $ 725,000
205 Annex Road
$ 725,000
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205 Annex Road

Madrid, IA, 50156
$ 725,000
Bedrooms-- Baths-- Sq 8,680

Monthly Estimate*

$ 4,523

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Commercial Property for sale in Madrid, IA

for $725,000. This 8,680 square foot building was built in 1991 on a lot size of 0.53.

Looking for your next investment or professional opportunity? This is it! We are selling a thriving Bowling Alley complete with restaurant and bar. This is a turnkey business; the seller is marketing this property with everything included, all you have to do is purchase this readymade business with established bowling leagues, kids club summer bowling program, and customers coming in from Boone, Ames, Ankney, Huxley, Slater, and other surrounding communities. The pin setters have recently been completely overhauled and are working flawlessly. There is a laser light system for night bowling. The restaurant is a staple within the community for bowlers and non-bowlers alike. Plus, with the addition of the bar, this is not only a bowling center, but is also a social hub for the community. Call for your showing today.

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Commercial Active

Price

$ 725,000

Property Type

Commercial

Taxes

$ 5,452

Style

Lot Size

0.53

Year Built

1991

Town/City

Madrid

County/Region

Boone

MLS | Web ID

715848

Features
Interior
Interior Amenities WetBar
Flooring Carpet Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
3/4 Baths 0
Total Bedrooms 0
Total Baths 0
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General
Sewer PublicSewer
Heating ForcedAir Gas NaturalGas
Cooling CentralAir
Utilities ElectricityAvailable
Roof Metal
Appliances Cooktop Dishwasher Freezer
Zoning Comm
Construction Materials Brick MetalSiding SeeRemarks
Year Built 1991
County Boone
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Full Baths 0
Status Active
Directions Come into Madrid on HWY 17 and look for the yard sign it is on the corner of hwy 17 and 69
City Madrid
Senior Community Y/N N
MLS Area Huxley
Lot Size Units Acres
Lot Size Square Feet 23000.0
Carport Y/N N
Listing Terms Cash
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5452.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Legal Description BURKHEIMERS 2ND ADD L 12 13 & 14 SW SW
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Exterior
Lot Features RectangularLot
Water Source Public
Lot Size Area 0.53
Foundation Details SeeRemarks
Spa N
Building Area Total 8680.0
Lot Dimensions 136 x 125
Lot Size Acres 0.53
Road Surface Type Concrete
Private Pool N
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 205
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* Excluded Features
List By
Nerem, Nate

Listing Agent

Nerem & Assoc.,

Broker

neremn@gmail.com

Email

Affordability Calculator

$4,977
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,523
Monthly Property Taxes
$454
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2025$725,000 -3.33% Price Down
7/30/2025$750,000 Listed Price

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205 Annex Road, Madrid, IA, 50156 is a Commercial Property for sale at $725,000 with 8,680 sqft and a lot size of 0.53. 205 Annex Road was built in 1991. The property's zip code is 50156 which is in Madrid, IA