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20 E Nebraska St , Algona, IA 50511

$250,000

1986
year built

Rare opportunity to purchase the Algona Dairy Queen, including the real estate, business assets, and restaurant equipment. This well-known location has served the community for decades and offers an established customer base, recognizable brand presence, and existing restaurant infrastructure. Financials available upon signed NDA. The sale does not automatically transfer the right to operate as a Dairy Queen franchise. Continued operation as Dairy Queen is subject to franchisor approval and all applicable franchise requirements, including buyer qualification, training, and the required transition process. Continue with Dairy Queen or operate your own ice cream parlor and restaurant, the infrastructure is here to step into a turnkey business. A strong opportunity for an owner-operator, existing franchisee, investor, or entrepreneur looking to acquire an established restaurant property and business assets in Algona. Call today for the financial package and franchise transfer details.

Highlights

  • Commercial Sale
  • Built in 1986
  • 0.21 Acre Lot
  • 58 days on Market

  • Year Built
    1986
  • Architectural Style
    Business
  • Construction Materials
    Brick
  • Parking Features
    Paved, Outside
  • Heating
    Forced Air, Hot Water

  • Acres
    0.21
  • Utilities
    Electricity Connected
  • Water
    Public

  • County
    Kossuth
  • City
    Algona
  • Zip Code
    50511

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Frequently Asked Questions

How do I schedule a tour of 20 E Nebraska St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 20 E Nebraska St.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 20 E Nebraska St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $250,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Algona, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 20 E Nebraska St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 20 E Nebraska St at around $1,640. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 20 E Nebraska St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Kossuth County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 20 E Nebraska St?

In most cases, yes. Whether 20 E Nebraska St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Algona's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 20 E Nebraska St?

We can handle that for you. Our preferred local agent specializes in commercial sales in Algona and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

20 E Nebraska St was listed on September 11, 2026, which means it's been on the market for 58 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1986, making it approximately 40 years old.

What is the lot size of this property?

20 E Nebraska St sits on a 0.21-acre lot, which is 9,148 square feet.

What are the property taxes for 20 E Nebraska St?

The most recent public record shows annual property taxes for 20 E Nebraska St were approximately $2,610. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 20 E Nebraska St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, NoCoast MLS. All rights reserved.

Last Updated: November 08, 2026 at 03:07PM | Source: NoCoast MLS | MLS#: 6342621