Multi-Tenant Strip
For Sale
$895,000
1914 E Hwy 18, Algona, IA 50511
Commercial Sale, Algona, IA
Property SizeContact for details
Days on Market85
Property Features for 1914 E Hwy 18
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
GPS
Standard status
Active
APN
22-01-207-003
Taxes and HOA fees
Tax Year
2026
Tax 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
Tax Annual Amount
27817
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
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
2003
Number of units
8
Building materials
Brick
Architectural style
Other
Listing Agency:
EXIT Realty Home/Land Properties
(515) 295-7577
Listed By:
Pamela Yegge · License #B63442000
(641) 590-3471
Added: Jun 29
Changed: Sep 7
Last Checked: Sep 21 at 2:06AM
MLS# 6339808
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.
Investment Insights
Based on property information with market context.
This multi-tenant strip mall at 1914 E Hwy 18 in Algona includes 8 leased tenant spaces and 3 smaller commercial suites currently available for lease. The occupied spaces operate under varying lease terms, with staggered expirations across the tenant roster. Built in 2003, the property features brick construction, forced-air heating, public water, and on-site parking for tenants and customers.
The property is positioned along E Hwy 18 and carries an Algona, IA address in Kossuth County. Its existing occupancy is paired with additional suite availability, creating a mixed configuration of leased and open commercial space within the same retail property.
The property is positioned along E Hwy 18 and carries an Algona, IA address in Kossuth County. Its existing occupancy is paired with additional suite availability, creating a mixed configuration of leased and open commercial space within the same retail property.
Key Highlights
- 8 leased tenant spaces currently in operation
- 3 smaller commercial suites available for lease
- Varying lease terms with staggered expirations
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 50511, IA
7,061
Population
3,385
Households
2.1
Avg Household Size
47
Median Age
26%
College-Educated
95%
High-School Grad
130.0 sq mi
ZIP Area
54
Density / Sq Mi
$60,256
Median Household Income
$43,692
Median Earnings
$892
Median Rent
$180,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Strip mall - Established tenant occupancy is complemented by additional smaller suites available for lease.
Where is this strip mall located?
The property is located at 1914 E Hwy 18 Algona, IA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 8 leased tenant spaces currently in operation; 3 smaller commercial suites available for lease; Varying lease terms with staggered expirations
