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! FF&E can be included in sale or can be negotiable. FF&E includes 2 efficiency fryers, large walk-in w/ freezer, 2 fountain dispensers, 3 large refrigerators, Toast POS, Grittle, Digital Monitors, etc. Potential for Kiosk Bank, Drive-Thru Pharmacy or Retail. Building may also be leased at $5,500 per month NNN Triple-Net. 6.2% CAP rate for investor.
Legal:N'LY PT OF LOT 4 EAST OF HWY & S 63.5' OF LOT 3 AUD PLAT GOV'TLOT 4 30-99-36
Founded in 1960, the Three Sons has been a staple of Milford, IA retail. From Herman and Emil Richter, owners, was born the University of Okoboji, a ficticious university that calls the entire Iowa Great Lakes the campus of the U of O. Part of the experience of shopping the three sons, if walking the old battered floors, and taking a trip upstairs for half price, plus a buck. Brands you would expect in Milford Iowa are abundant, such as Patagonia, Oakley, Under Armour, Tommy Bahama, and more. There are currently 2 other stores; one at the amusement park, and another near the Regal Beagle called the bridge store. No self-respecting visitor to Okoboji leaves without visiting one of their stores.
Beautiful views and living on the lake without all the other commotion. Silver Lake in Ayrshire is a great place to find tranquility with every day life. Boating, fishing and friendly neighbors is what you will find in this hidden gem.
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