809 1st St E | Park Rapids, MN 56470
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- LoopNet Team
809 1st St E
Park Rapids, MN 56470
Dairy Queen (Business + Real Estate) · Retail Property For Sale
Investment Highlights
- RECENTLY REMODELED LOCATION - The Subject property was fully remodeled in 2017, and is currently up to date on Dairy Queen's standards.
- UPSIDE POTENTIAL - A new operator could potentially increase income by adjusting operating methods and implementing new promotions.
- EXCELLENT LOCATION - Located along 1st Street, the main thoroughfare in Park Rapids MN, this DQ sees the highest tra?c counts in the area.
- FAVORABLE DQ CONTRACT - In addition to the standard advertising fees, this property bene?ts from a favorable royalties contract for all items.
- SALE-LEASEBACK OPTION - A Franchisee can recoup a large portion of their investment through the implementation of a sale-leaseback.
- SBA FINANCING - This Dairy Queen can be purchased for as little as 10% down using SBA financing for qualified Buyers.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,319 SF
Building Class
C
Year Built/Renovated
1975/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.73 AC
Property Taxes
| Parcel Number | 32.43.40400 | Improvements Assessment | $190,300 |
| Land Assessment | $104,000 | Total Assessment | $294,300 |
Property Taxes
Parcel Number
32.43.40400
Land Assessment
$104,000
Improvements Assessment
$190,300
Total Assessment
$294,300
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