# 20 E Nebraska Street, Algona, IA 50511 > **TL;DR:** commercial, $250,000, built 1986. Est. $1,337/mo. Listed 49 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $250,000 | | Year Built | 1986 | | Lot Size | 9,148 sqft (0.21 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 49 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,264 | | Estimated Insurance | $73 | | **Total** | **$1,337** | ## Property Highlights - Built in 1986 - 0.21 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 20 E Nebraska Street, Algona, IA 50511 - **County:** Kossuth - **Coordinates:** 43.067678, -94.236909 - **Google Maps:** https://www.google.com/maps?q=43.067678,-94.236909 ## Listing Agent - **Name:** Brad Hoover - **Brokerage:** Weichert, Realtors - The 515 Agency - **Broker Phone:** (515) 341-3834 ## Photos ![20 E Nebraska Street - Photo 1](http://lh.rdcpix.com/3afa1f6ece75365d89decfac24de2fdcl-f21075602r.jpg) ![20 E Nebraska Street - Photo 2](http://lh.rdcpix.com/3afa1f6ece75365d89decfac24de2fdcl-f1193830148r.jpg) ![20 E Nebraska Street - Photo 3](http://lh.rdcpix.com/3afa1f6ece75365d89decfac24de2fdcl-f2236119043r.jpg) ![20 E Nebraska Street - Photo 4](http://lh.rdcpix.com/3afa1f6ece75365d89decfac24de2fdcl-f318868446r.jpg) ![20 E Nebraska Street - Photo 5](http://lh.rdcpix.com/3afa1f6ece75365d89decfac24de2fdcl-f2466006111r.jpg) ![20 E Nebraska Street - Photo 6](http://lh.rdcpix.com/3afa1f6ece75365d89decfac24de2fdcl-f556028075r.jpg) ![20 E Nebraska Street - Photo 7](http://lh.rdcpix.com/3afa1f6ece75365d89decfac24de2fdcl-f471418291r.jpg) ![20 E Nebraska Street - Photo 8](http://lh.rdcpix.com/3afa1f6ece75365d89decfac24de2fdcl-f1139548061r.jpg) --- **MLS#:** 6342621 | **Updated:** 2026-10-22 **Source:** listhub *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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/20-e-nebraska-street-algona-ia-50511-1a52f2eb605f489fa22b10b57f944a25) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/20-e-nebraska-street-algona-ia-50511-1a52f2eb605f489fa22b10b57f944a25#listing", "url": "https://staging.propertysimple.ai/listing/20-e-nebraska-street-algona-ia-50511-1a52f2eb605f489fa22b10b57f944a25", "name": "20 E Nebraska Street, Algona, IA 50511", "description": "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. 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