20 E Nebraska Street Algona, IA ^$ 300,000

20 E Nebraska Street

^$ 300,000

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20 E Nebraska Street

Algona, IA, 50511

^$ 300,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 1,872

20 E Nebraska Street, Algona, IA 50511 - Image 1

Commercial Property for sale in Algona, IA

for $300,000. This building was built in 1986.

Well established business with numerous building and equipment upgrades. Turn key ready operation with consistent sales. Great, well known location with busy traffic. Don't let this opportunity to be your own boss pass you by!

Commercial Active

Price

^$ 300,000

Property Type

Commercial

Taxes

^$ 2,336

Style

Business

Year Built

1986

Town/City

Algona

County/Region

Kossuth

MLS | Web ID

6321321

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Separate Heating Separate Hot Water Separate

Garage Spaces 0

Architectural Style Business

Construction Materials Block Brick

Year Built 1986

Tax Year 2024

Current Use Restaurant

Accessibility No Stairs External No Stairs Internal

County Kossuth

Property Type Commercial Sale

Contingency None

Possible Use Restaurant

Status Active

Directions McGregor Street to Dodge Street. Located on the corner of Dodge & Nebraska.

Association Name HRTI

Open Parking Spaces 7

Number Of Units Total 1

Lot Size Units Acres

Tax Annual Amount 2336

Living Area Units Square Feet

Standard Status Active

Legal Description N1/2 L 1 & E 15.6' of N1/2 L 2 & S1/2 Lot 1 & E 16.5' of Lot 2 Ex W 24'2 Thereof Blk 44 O P

Exterior

Parking Features Outside

Water Source Public

Lot Dimensions 82 x 66

* Excluded Features

List By

Matthew Muller

Listing Agent

Farm & Home Services

Broker

mmuller@farmhomeservices.com

Affordability Calculator

$2,066

Per Month

Monthly Principal & Interest: $1,872
Monthly Property Taxes: $195
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Algona, IA

Average List Price ^$345,238

Percent of Sale Price 15%

About Algona, IA

5,772 Population

0% Since 2002

^$56,420 Median Income

45.89 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/18/2024	$300,000		Listed Price

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20 E Nebraska Street, Algona, IA, 50511 is a Commercial Property for sale at $300,000. 20 E Nebraska Street was built in 1986. The property's zip code is 50511 which is in Algona, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is 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.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 12/8/2025.

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20 E Nebraska Street

Commercial Property for sale in Algona, IA

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