Search
Shopping Center With Available Suites
For Sale
$895,000

1914 E Hwy 18, Algona, IA 50511

COMMERCIAL - Other - Algona, IA

Property SizeContact for details
Days on Market38

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
Listed By: Pamela Yegge · License #B63442000
Added: Jun 29 Changed: Aug 4 Last Checked: Aug 5 at 11:06PM
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 2003 shopping center is constructed with brick materials and includes 8 tenant spaces currently leased, along with 3 smaller commercial suites available for lease. The configuration provides an established tenant base while retaining additional suite availability within the property. Forced-air heating and a public water source serve the building.

The property is located at 1914 E Hwy 18 in Algona, Iowa, within Kossuth County. Its highway address provides a clear point of access for tenants and customers, while the existing commercial plaza format supports multiple occupants under separate lease arrangements.

Key Highlights

  • 8 leased tenant spaces currently in place
  • 3 smaller commercial suites available for lease
  • 2003 construction with brick materials

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant HVAC Service Nail Salon Garden Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

128
Businesses Nearby
20k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 51% Shops & Services 49%
Fareway Groceries
9,904 visits/mo 0.0 miles
Casey's General Store Shops & Services
7,251 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
1,763 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
664 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Shopping center - Brick shopping center with leased tenant spaces and additional commercial suites available for occupancy.
Where is this shopping center 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 place; 3 smaller commercial suites available for lease; 2003 construction with brick materials
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message