Big Kahuna Fun Park, 4.5 Acres | 190 Progress Way
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Big Kahuna Fun Park, 4.5 Acres 190 Progress Way
3,333 SF Retail Building Spicer, MN 56288 £914,733 (£274/SF)
Investment Highlights
- Great Investment Opportunity with Strong NOI
- Zoned B2 – Highway Commercial
- Mini Golf, Go-Karts, Bumper Boats, & Godfathers Pizza Express
- 4.49 Acres with 3 Buildings
- Less than 2 Hours from the Twin Cities
- Minutes from Tepetonka World Class Golf Course
Executive Summary
Seller Financing/Contract for Deed possible with qualified Buyer. Results Commercial is pleased to offer Big Kahuna Fun Park for sale. Contact the listing brokers for a confidentiality agreement to review all financials and recent appraisal. Strong year over year NOI makes this an attractive investment opportunity for either an owner operator or investment group. Plus, new ownership can grow this business in multiple ways that current ownership and brokers can suggest. Tours will be provided on a limited basis to only qualified buyers. Sellers are exploring a sale due to forthcoming retirement plans. New ownership can take advantage of a cooperative transaction to ensure the stability and success of Big Kahuna Fun Park.
Big Kahuna Fun Park (http://www.spicerfunpark.com/) in Spicer, MN, is not only a fun and unique offering but it’s a money-maker. Only two hours from the Twin Cities, Big Kahuna Fun Park has been owned and operated by the sellers for 8 years with sales growth every year. This family entertainment venue is a destination. It’s truly the place for the local community, entire trade area and seasonal tourists to Spicer and Green Lake to visit throughout the prime season of Memorial Day through Labor Day.
Big Kahuna Fun Park has it all for a day of fun, birthday parties or corporate events to group picnics, a round of 18-hole miniature golf or Junior Mini golf, ride on the go-karts or bumper boats. Food is on-site with a Godfather’s Pizza Express franchise, old fashioned hard-dip ice cream and much more. The business operates with a loyal and dedicated seasonal staff. Godfather’s Pizza Express has tremendous year-round growth opportunities. Big Kahuna’s miniature golf is best-in-class and a major revenue driver.
The site sits on 4.49 acres and includes 3 buildings, and is perfectly located on Highway 23, the primary highway for Spicer, surrounded by high-traffic retail and hospitality. The property is zoned B2 Highway Commercial (https://irp.cdn-website.com/b3bbbb03/files/uploaded/Ordinace%20-%20PZ.pdf).
Spicer, Minnesota is home to renowned Green Lake (https://www.greenlakespicer.com/) with over 5,561 acres located in Kandiyohi County and part of the Willmar Lakes Area (https://www.willmarlakesarea.com/) and tourism hot
spot in Central Minnesota. Green Lakes has it all from excellent fishing, swimming & recreation, resorts, and multiple public access locations. A new fly-in only, private, world-class golf course, Tepetonka is being developed and opening in Summer 2024: Tepetonka: A New Club (And Model) Will Bring Private Destination Golf To Minnesota (forbes.com). Tepetonka will be located only minutes away from Big Kahuna Fun Park. Plus, the City of Spicer is an amazingly strong and vibrant community with projected growth in the next few years.
Big Kahuna Fun Park (http://www.spicerfunpark.com/) in Spicer, MN, is not only a fun and unique offering but it’s a money-maker. Only two hours from the Twin Cities, Big Kahuna Fun Park has been owned and operated by the sellers for 8 years with sales growth every year. This family entertainment venue is a destination. It’s truly the place for the local community, entire trade area and seasonal tourists to Spicer and Green Lake to visit throughout the prime season of Memorial Day through Labor Day.
Big Kahuna Fun Park has it all for a day of fun, birthday parties or corporate events to group picnics, a round of 18-hole miniature golf or Junior Mini golf, ride on the go-karts or bumper boats. Food is on-site with a Godfather’s Pizza Express franchise, old fashioned hard-dip ice cream and much more. The business operates with a loyal and dedicated seasonal staff. Godfather’s Pizza Express has tremendous year-round growth opportunities. Big Kahuna’s miniature golf is best-in-class and a major revenue driver.
The site sits on 4.49 acres and includes 3 buildings, and is perfectly located on Highway 23, the primary highway for Spicer, surrounded by high-traffic retail and hospitality. The property is zoned B2 Highway Commercial (https://irp.cdn-website.com/b3bbbb03/files/uploaded/Ordinace%20-%20PZ.pdf).
Spicer, Minnesota is home to renowned Green Lake (https://www.greenlakespicer.com/) with over 5,561 acres located in Kandiyohi County and part of the Willmar Lakes Area (https://www.willmarlakesarea.com/) and tourism hot
spot in Central Minnesota. Green Lakes has it all from excellent fishing, swimming & recreation, resorts, and multiple public access locations. A new fly-in only, private, world-class golf course, Tepetonka is being developed and opening in Summer 2024: Tepetonka: A New Club (And Model) Will Bring Private Destination Golf To Minnesota (forbes.com). Tepetonka will be located only minutes away from Big Kahuna Fun Park. Plus, the City of Spicer is an amazingly strong and vibrant community with projected growth in the next few years.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£9,473
|
£2.84
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£9,473
|
£2.84
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | £9,473 |
| Annual Per SF | £2.84 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £9,473 |
| Annual Per SF | £2.84 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,333 SF
Building Class
C
Year Built
2007
Price
£914,733
Price Per SF
£274
Tenancy
Single
Number of Floors
1
Building FAR
0.02
Lot Size
4.49 AC
Zoning
B-2 Highway Commercial
Amenities
- Fenced Lot
- Restaurant
- Storage Space
PROPERTY TAXES
| Parcel Number | 85-535-0010 | Total Assessment | £112,631 (2024) |
| Land Assessment | £31,817 (2024) | Annual Taxes | £9,473 (£2.84/sf) |
| Improvements Assessment | £80,815 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
85-535-0010
Land Assessment
£31,817 (2024)
Improvements Assessment
£80,815 (2024)
Total Assessment
£112,631 (2024)
Annual Taxes
£9,473 (£2.84/sf)
Tax Year
2023
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Big Kahuna Fun Park, 4.5 Acres | 190 Progress Way
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