320 Hwy 71, Arnolds Park, IA 51331

Arnolds Park, IA Homes for Sale in 51331 and Real Estate MLS # 251107

$649,900

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  • Active
New Listing

General Description

Long term lessee renewed 5 year extension to over 6.5 years with 10% increase! Newly constructed modern retail/restaurant building that features a drive-thru with 26 interior seating with a glass garage door leading to an outdoor patio for additional seating. Home of the Iowa Great Lakes, the property is conveniently located on US-HWY 71. The ideal location offers high car counts & is directly across from Arnolds Park Amusement Park! Potential for Kiosk Bank, DriveThru Pharmacy or Retail. Current tenant Giliberto's Taco Shop, one of 14 locations. 6.7% CAP Rate

Legal: N'LY PT OF LOT 4 EAST OF HWY & S 63.5' OF LOT 3 AUD PLAT GOV'T LOT 4 30-99-36
Status: Active

Property Information

251107

$649,900

Sale

Mixed Use

COMMERCIAL

320 Hwy 71

Arnolds Park

IA

51331

15970

2023

2019

Utilities

No

LISTED BY

Integrity Real Estate, Nick Steffes (712.337.6500)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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Lonna Draayer - Broker Associate

Lonna Draayer

Broker Associate

Ask About this Property #251107

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