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Hoien Realty

1723 Hill Ave, Spirit Lake, IA 51360
Phone: (712) 336-2790
Email: Email: Info@Hoien.com

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Eric Hoien

Broker/Owner, CRS,

  • Office 712-336-2790
  • Cell 712-320-2790
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320 S 71 Highway, Arnolds Park, IA – $699,900

  • $700k Price
  • 1.10 Acres
  • $700k Price
  • 1.10 Acres

320 S 71 Highway

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.

Essential Information

  • MLS® #220746
  • Price$699,900
  • Acres1.10
  • Year Built2019
  • TypeCOMMERCIAL
  • Sub-TypeCommercial Property For Sale
  • StatusActive

Community Information

  • Address320 S 71 Highway
  • AreaDickinson
  • SubdivisionIA
  • CityArnolds Park
  • StateIA
  • Zip Code51331.00

Amenities

  • ParkingDriveway-Asphalt

Interior

  • Interior FeaturesKitchen Area, Restrooms
  • HeatingForced Air
  • CoolingCentral

Exterior

  • RoofRubber
  • ConstructionFrame/Wood, Other(See Rmks)

Exterior Features

Front Exposure, High Traffic Location, High Visibility, Highway Access, Security Lighting

Additional Information

  • Date ListedJuly 2nd, 2022
  • HOA Fees0.00

Listing Details

  • AgentNick Steffes

Office

Integrity Real Estate- Arnolds Park

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Price Change History for 320 S 71 Highway, Arnolds Park, IA (MLS® #220746)

Date Details Change
Price Reduced from $719,900 to $699,900 $20,000 (2.78%)

Nick Steffes, Integrity Real Estate- Arnolds Park.

The information being provided by the Iowa Great Lakes Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated on August 9th, 2022 at 11:15pm CDT.