190 Progress Way, Spicer, MN 56288
This exceptional 4.49-acre property in Spicer, Minnesota, houses the highly successful Big Kahuna Fun Park. Operating profitably for eight years with consistent year-over-year sales growth, this established business offers a unique blend of entertainment and dining. The park features miniature golf (a major revenue driver), go-karts, bumper boats, and a Godfather's Pizza Express franchise, providing diverse revenue streams. The three-building complex is situated on Highway 23, benefiting from high visibility and traffic in a prime retail and hospitality area. The B-2 Highway Commercial zoning allows for flexibility and potential expansion. The park operates seasonally, from Memorial Day to Labor Day, employing a dedicated seasonal staff. The property's location near Green Lake, a popular tourist destination, and the soon-to-open Tepetonka world-class golf course, ensures continued growth potential. Seller financing or contract for deed may be available to qualified buyers. This turnkey operation presents a compelling investment opportunity for owner-operators or investment groups seeking a profitable and established business in a thriving community. Financial details are available upon execution of a confidentiality agreement. The asking price is $1,150,000. The property includes APN numbers 85-540-0050 & 855350010. Located at 190 Progress Way, Spicer, MN 56288, in Kandiyohi County. The business is currently operating at 100% occupancy.
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Godfather's Pizza Express - SPICER Restaurant
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Big Kahuna Fun Park / Godfather's Pizza Arcade & Gaming Center Family Recreation Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.