320 Hwy 71, Arnolds Park, IA 51331
Dickinson County
Key Facts
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
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
2019
Lot Size
1.10 acres
MLS® Listing#
251107
Property Features
Cooling
Heating
Parking
Sewer
Water Source
Financial Details
Annual Taxes
$15,970
Tax year 2023
Parcel Number
012+07-30-406-005
Affordability Calculator
$129,980
Estimated monthly payment
$3,459/mo
Principal $519,920 · Est. interest $725,335 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Arnolds Park, IA
- $520,588
- Median Listing Price
- 99
- Median Days on Market
- 1,820
- Median Sq Ft
- $292
- Median Price / Sq Ft
- 85
- Active Listings
- This home’s price is 25% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Arnolds Park, IA.
Location
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Points of Interest in Arnolds Park, IA
Showing the Arnolds Park area map.
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 225 Emerald Meadows Drive, Arnolds Park, IA | $490,000 | 2 | 4 | 2,240 |
| 203 Emerald Meadows Drive, Arnolds Park, IA | $499,000 | 3 | 3 | 2,220 |
| 425 240th Avenue 201, Arnolds Park, IA | $510,000 | 3 | 2 | 1,436 |
| 244 S HWY 71 F37, Arnolds Park, IA | $529,900 | 3 | 4 | 1,989 |
| 425 240th Avenue 300, Arnolds Park, IA | $534,000 | 3 | 2 | 1,436 |
| 244 HWY 71 S. G41, Arnolds Park, IA | $549,900 | 3 | 4 | 1,989 |
Moving Cost Estimate
EXIT Agents in Arnolds Park
Listing Courtesy: Integrity Real Estate - PRIM: 712-339-0293
Presented by: Nick Steffes