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Dairy Queen Restaurant Property
New
For Sale
$250,000

20 E Nebraska Street, Algona, IA 50511

Commercial Sale, Algona, IA

Property SizeContact for details
Lot Size0.21 Acres
Days on Market3

Property Features for 20 E Nebraska Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business/Commercial
Directions From Mcgregor and Dodge street, drive north 1 block, DQ is on your left.
Standard status Active
APN 22-02-391-010
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description N 1/2 L 1 & E 15.6' OF N 1/2 L 2 & S1/2 legal to be taken from abstract
Tax Annual Amount 2610
Legal Description N 1/2 L 1 & E 15.6' OF N 1/2 L 2 & S1/2 legal to be taken from abstract

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1986
Number of units 1
Building materials Brick
Architectural style Other
Listing Agency: Weichert, REALTORS-The 515 Agency
Listed By: Brad Hoover · License #S65561
Added: Sep 11 Last Checked: Sep 13 at 3:06PM
MLS# 6342621

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The offering combines the restaurant real estate with business assets and restaurant equipment at 20 E Nebraska Street in Algona, Iowa. The property occupies a 0.21-acre lot and carries Business/Commercial zoning, providing an existing commercial setting for restaurant operations.

Constructed in 1986, the building features brick construction, forced-air heating, and public water service. The sale includes the Algona Dairy Queen business assets, while continued operation under the Dairy Queen brand remains subject to franchisor approval, buyer qualification, training, and applicable franchise requirements. The property can also support a restaurant concept independent of that brand, subject to applicable requirements.

Key Highlights

  • Real estate, business assets, and restaurant equipment included
  • 20 E Nebraska Street, Algona, IA 50511
  • 0.21‑acre commercial lot

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy Big Box & Wholesale Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

501
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 91% Beauty & Spa 9%
Casey's General Store Shops & Services
9,032 visits/mo 0.4 miles
Merle Norman Cosmetic Studio Beauty & Spa
907 visits/mo 0.3 miles

Demographics for 50511, IA

7,061
Population
3,385
Households
2.1
Avg Household Size
47
Median Age
26%
College-Educated
95%
High-School Grad
130.0 sq mi
ZIP Area
54
Density / Sq Mi
$60,256
Median Household Income
$43,692
Median Earnings
$892
Median Rent
$180,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant facility with brick construction, public water service, and included business assets and equipment.
Where is this conventional restaurant located?
The property is located at 20 E Nebraska Street Algona, IA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Real estate, business assets, and restaurant equipment included; 20 E Nebraska Street, Algona, IA 50511; 0.21‑acre commercial lot
More about this property
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