Algona, IA Commercial Real Estate for Sale

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Dairy Queen Restaurant Property
Updated: Sep 11
Dairy Queen Restaurant Property

20 E Nebraska Street, Algona, IA 50511

$250,000
0.21 AC lot
Real estate, business assets, and restaurant equipment included
20 E Nebraska Street, Algona, IA 50511
0.21‑acre commercial lot
1986 construction with brick exterior
Business/Commercial zoning
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Multi-Tenant Strip Mall
Updated: Jun 29
Multi-Tenant Strip Mall

1914 E Hwy 18, Algona, IA 50511

$895,000
8 leased tenant spaces currently in operation
3 smaller commercial suites available for lease
Varying lease terms with staggered expirations
Brick construction completed in 2003
Forced‑air heating and public water
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Renovated Wedding and Event Venue
Renovated Wedding and Event Venue

110 E State Street, Algona, IA 50511

$169,000

Downtown commercial space with display windows and flexible furnishing options.

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Functional Commercial Property with Amenities
Functional Commercial Property with Amenities

2120 E Oak St, Algona, IA 50511

$425,000
3,816 sqft

Well-equipped 3,816 sq. ft. commercial space with additional storage.

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Office Units with Fenced Area
Office Units with Fenced Area

1912 E Mound Street, Algona, IA 50511

$250,000

Flexible commercial building with offices, kitchen, laundry facilities, and an enclosed outdoor area.

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Downtown Brick Office Building
Downtown Brick Office Building

116 N Moore Street, Algona, IA 50511

$115,000

Well-maintained office property with reception space, kitchenette, basement storage, and public parking directly across the street.

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Flex Space with Four Garage Doors
Flex Space with Four Garage Doors

2120 E Oak Street, Algona, IA 50511

$425,000

Metal commercial building with shop areas, storage, climate control, kitchen, and front and rear parking.

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Commercial Plaza with Leased Suites
Commercial Plaza with Leased Suites

1914 Highway 18 E, Algona, IA 50511

$895,000

Well-maintained commercial plaza with 8 leased spaces and 3 suites available, supported by visibility, accessibility, and ample parking.

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Office Building with Conference Room
Office Building with Conference Room

111 N Hall Street, Algona, IA 50511

$75,000

Professional property with private offices, reception space, secure storage, and flexible meeting areas.

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Conservation Farmland with Wetlands
Conservation Farmland with Wetlands

170th Street and 140th Avenue, Algona, IA 50511

$250,000
44.37 AC lot

Agricultural acreage combines restored wetlands, native habitat, and active conservation-program enrollment in Kossuth County.

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Automotive Service Shop
Automotive Service Shop

526 South Phillips Street, Algona, IA 50511

$189,000

Established operation focused on vehicle maintenance and repair services.

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Flex Property With Multiple Outbuildings
Flex Property With Multiple Outbuildings

1310 Highway 18 E, Algona, IA 50511

$289,000
0.90 AC lot

Updated interior includes an open sales area, office, break room, restroom, and storage.

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Downtown Office Building
Downtown Office Building

116 N Moore St, Algona, IA 50511

$115,000

Well-kept office building with a front reception area, kitchenette, office/break room, half bath, and basement storage.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Algona, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Flex Space with Auto-Shop Potential
Flex Space with Auto-Shop Potential

162 2nd St Ne, Britt, IA 50423

$30,000
8,008 sqft

Stated use concepts include auto repair, manufacturing, rental storage, and general business operations.

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Flex Space With Shop Area
Flex Space With Shop Area

184 2nd St Ne, Britt, IA 50423

Contact for pricing
8,184 sqft

Commercial building combining office space, a work area, and cold storage for varied business operations.

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Office Building with Commercial Zoning
Office Building with Commercial Zoning

410 Main, Renwick, IA 50577

$129,000
0.15 AC lot

Front portion is configured for office use within a commercially zoned property.

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Commercial Flex Building
Commercial Flex Building

408 Main, Renwick, IA 50577

$99,000
0.15 AC lot

Commercially zoned building with adaptable interior space in Renwick.

View details

Off-Market Properties in Algona, IA

Consider similar Off-Market properties in Algona, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

318 Hwy 18th E
LIGHT INDUSTRIAL

318 Hwy 18th E, Algona, IA 50511-1101

Estimated value:
$355,000
4,320 sqft 28.04 AC lot
View details
14 Nebraska St
OFFICE (GENERAL)

14 Nebraska St, Algona, IA 50511-2630

Estimated value:
$190,000
12,922 sqft 0.56 AC lot
View details
714 State St
VETERINARY, ANIMAL HOSPITAL

714 State St, Algona, IA 50511-2840

Estimated value:
$245,000
2,064 sqft 0.20 AC lot
View details
208 Call St
MEDICAL BUILDING

208 Call St, Algona, IA 50511-2452

Estimated value:
$125,000
1,548 sqft 0.20 AC lot
View details
1109 190th St
MOBILE HOME PARK, TRAILER PARK

1109 190th St, Algona, IA 50511-7053

Estimated value:
$180,000
1,368 sqft 20.19 AC lot
View details
2211 Hwy 169th N
MEDICAL BUILDING

2211 Hwy 169th N, Algona, IA 50511-7219

Estimated value:
$225,000
2,666 sqft 0.74 AC lot
View details
902 Main St
SERVICE STATION (FULL SERVICE)

902 Main St, Algona, IA 50511-1814

Estimated value:
$200,000
2,152 sqft 0.30 AC lot
View details
205 Lantry St
WAREHOUSE, STORAGE

205 Lantry St, Algona, IA 50511-2915

Estimated value:
$120,000
2,400 sqft 0.23 AC lot
View details
318 State St
VACANT COMMERCIAL LAND

318 State St, Algona, IA 50511-2738

Estimated value:
$90,000
0.20 AC lot
View details
320 State St
RETAIL STORES (PERSONAL SERVICES)

320 State St, Algona, IA 50511-2738

Estimated value:
$80,000
11,616 sqft 0.27 AC lot
View details
2 State St
VACANT COMMERCIAL LAND

2 State St, Algona, IA 50511

Estimated value:
$70,000
2,112 sqft 0.06 AC lot
View details

Algona, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Algona, IA, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 3,816 square feet of properties for sale, with an estimated market value of $4,342,000.

Sale prices for business properties in Algona, IA start at $75,000, averaging $334,000, and reaching up to $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 6,987
Population Growth (5Y) +0.2%
Median Household Income $60,256
College Educated 33.5%

High-Yield Neighborhoods for Investment

Identify Algona submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50511 $329.4K

Taxes & Financing

Tax Rate (average for all types) 1.97%
Property Tax per SF $23.63 per SF
Tax Rate vs County Average 0.25 pp above county avg
Average Loan-to-Value 65.0%

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