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333 HWY 71, Arnolds Park, IA 51331

Arnolds Park, IA Real Estate and Homes for Sale in 51331 MLS# 210751

$5,500,000

  • N/A
  • N/A
  • N/A
  • Closed
Closed

General Description

Four Seasons Resort and Dry Dock Lounge: The first commercial property on West Lake Okoboji for sale in over 15 years! This property has both lakefront and highway frontage in the heart of the Iowa Great Lakes. The entire property has C-2 Commercial zoning with 1.66 acres of land makes this opportunity on Smiths Bay one of a kind! There are 274.95ft of lakeshore directly on West Lake Okoboji and 284ft of frontage on Hwy 71. The property currently has a 32 room hotel (18 lakeside & 14 street side) with a full restaurant on the lake as well as a 2 bedroom rental cabin. There is space on the dock for up to 27 boat hoists. Sellers will review all offers on Oct. 15th.

Legal: PT LOTS 9 AND 11, ALL LOT 10 AAND IRREG RR TRT AUD PLAT 112 & PT LOTS 13, 20-22, ALL LOTS 14-18, 29 AND ADJ VACATED ALLEY BLK 1 TOWN OF OKOBOJI & ALL LOT 19, PT LOTS 20 & 21 AND ADJ VACATED STREET BLK 1 TOWN OF OKOBOJI.
Sold Price: $5,000,000
Sold Date: 05/16/2022
Status: Closed

Property Information

210751

$5,500,000

Sale

Commercial

COMMERCIAL

333 HWY 71 N

Arnolds Park

IA

51331

$5,000,000

West Okoboji Lake

274.95

40758

2019

1974

Utilities

No

LISTED BY

Jensen Real Estate, Michael Jensen

PROPERTY LOCATION

MORTGAGE CALCULATOR


Aaron Jones - RE/MAX Hall of Fame & Lifetime Achievement

Aaron Jones

RE/MAX Hall of Fame & Lifetime Achievement

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COMMUNITY

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Terrace Park is located in Brown's Bay on West Lake, Okoboji. It is one of the largest public beaches on West Lake and has entertained beach goers for many years. Next to Terrace Park is Boys Town out of Omaha, Nebraska. I remember as a kid spending entire days at terrace park, either riding bicycle or taking a moped (yes a moped) down to meet with friends and playing king on the dock. In 2010, the morning after "the storm", Terrace Park was carnage. Boat were stacked on top of each other. Trees were uprooted, and hoists were tossed around. Boats and other water craft were found in Terrace Park that belonged to owners on the North end of West Lake.

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