1914 E Hwy 18 Algona, IA $ 895,000
1914 E Hwy 18
$ 895,000
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1914 E Hwy 18

Algona, IA, 50511
$ 895,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,651

1914 E Hwy 18, Algona, IA 50511 - Image 1
1914 E Hwy 18, Algona, IA 50511 - Image 2

Commercial Property for sale in Algona, IA

for $895,000. This building was built in 2003.

Exceptional income-producing commercial plaza offering a rare investment opportunity with strong cash flow and long-term growth potential. This well-maintained property is currently operating near full occupancy, with 8 established tenant spaces leased under varying lease terms, providing immediate and diversified rental income. The plaza features a strong tenant mix and consistent occupancy history, making it an attractive addition to any investment portfolio. In addition to the occupied units, 3 smaller commercial suites are currently available for lease, presenting an excellent opportunity for increased revenue and future value enhancement. Property Highlights: • High-occupancy commercial investment property • 8 leased units generating steady income • 3 available suites offering upside potential • Diverse tenant base with staggered lease expirations • Strong rental history and established business location • Excellent visibility and accessibility • Ample parking for tenants and customers • Attractive return on investment with future income growth opportunities Whether you’re seeking a stable cash-flowing asset or a property with additional leasing upside, this commercial plaza delivers both immediate returns and long-term investment potential. Contact us today for financial information, lease details, and a private tour.

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Commercial Active

Price

$ 895,000

Property Type

Commercial

Taxes

$ 27,817

Style

Retail

Year Built

2003

Town/City

Algona

County/Region

Kossuth

MLS | Web ID

6339808

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Common Heating Common Hot Water Common
Garage Spaces 0
Architectural Style Retail
Construction Materials Brick
Year Built 2003
Tax Year 2026
Current Use Beauty/Barber Shop Business Commercial Office Retail
Accessibility No Stairs Internal
County Kossuth
Property Type Commercial Sale
Contingency None
Possible Use Office Retail Other
Status Active
Directions GPS
Open Parking Spaces 0
Number Of Units Total 8
Lot Size Units Acres
Tax Annual Amount 27817
Living Area Units Square Feet
Standard Status Active
Legal Description BLK 11 EX N 17' & W 16' OF CLARKE ST FROM N LINE OF MOUND ST TO S LINE OF HWY ROW EX S 62' CALLS ADD
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Exterior
Parking Features Concrete Additional Parking
Water Source Public
Lot Dimensions 51000
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* Excluded Features
List By
Pamela Yegge

Listing Agent

Exit Realty Home/Land Properties

Broker

641-590-3471

Contact

Affordability Calculator

$7,969
Per Month
71%
29%
0%
Monthly Principal & Interest
$5,651
Monthly Property Taxes
$2,318
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/29/2026$895,000 Listed Price

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1914 E Hwy 18, Algona, IA, 50511 is a Commercial Property for sale at $895,000. 1914 E Hwy 18 was built in 2003. The property's zip code is 50511 which is in Algona, IA