320 71 Highway, Arnolds Park, IA 51331

Arnolds Park, IA Homes for Sale in 51331 and Real Estate MLS # 220746

$679,900

  • N/A
  • N/A
  • N/A
  • Expired
Expired

General Description

6.2 CAP! Newly constructed 320 HWY 71 S is a contemporary retail/restaruant building that features a drive-thru with 26 interior seating with a garage door leading to an outdoor patio. Home of the Iowa Great Lakes, the property is conveniently located on HWY 71. The ideal location offers high car counts, and is directly across from Arnolds Park Amusement Park! Giliberto's Mexican Taco Shop, a 12 Store Operator, signed. • 6.2 CAP NNN! New 5-Year Lease with 5-Year option with 10% escalation. 12 Store Operator and rapidly growing in SD, MN, IA & UT. • Full NNN Triple net lease and zero landlord responsibilities. • Positioned on a Large 1.10 Acre Parcel. • Gross Income @ $63,000. Land Lease at $19,800 Annually or $1,650 per month. • The property is in close proximity to Iowa Great Lakes and Across from Arnolds Park Amusement Park. • Okoboji Area is moderately populated during peak season estimating 100,000 at the local market during Spring-Fall.

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: Expired

Property Information

220746

$679,900

Sale

Commercial

COMMERCIAL

320 S 71 Highway

Arnolds Park

IA

51331

15050.22

2020

2019

Utilities

No

LISTED BY

Integrity Real Estate, Nick Steffes

PROPERTY LOCATION

MORTGAGE CALCULATOR


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RE/MAX Lakes Realty - Licensed in Iowa and Minnesota.  Each Office Independently Owned and Operated

RE/MAX Lakes Realty

Licensed in Iowa and Minnesota. Each Office Independently Owned and Operated

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COMMUNITY

The Hutt Bar & Grill

The Hutt Bar & Grill in Arnolds Park

The Hutt may be a newer restaurant in the Lakes area, but they bring a big presence with them. A former owner of the Dry Dock, is the new owner of The Hutt. She has made this restaurant a great attraction to locals and tourists, being open year round. Having traditional american food means The Hutt is appealing to all! Don't miss out on their tasty breakfast during the summer, and their bloody mary's!

Real Estate and MLS Homes For Sale in Arnolds Park

Iowa Rock 'n' Roll Music Association

Iowa Rock 'n' Roll Music Association in Arnolds Park

The Iowa Rock 'n' Roll Music Association is a state-wide nonprofit dedicated to preserving the legacy of rock 'n' roll and the history of music in the state of Iowa. The museum opened in 2003. The museum allows visitors to discover the history of music within the state of Iowa. They also have the Iowa Rock 'n' Roll Hall of Fame. All the inductees for the year are announced in January. Over labor day weekend in Arnolds Park there is a celebration with a ceremony introducing the inductees and also a concert.

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Chaplin's

Chaplin's in Arnolds Park

Chaplin's is a great neighborhood bar with food, value priced drinks, the best karaoke, friendly and happy staff, plenty of parking and a welcoming atmosphere.

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