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    219 E State St Algona, IA 50511

    For Sale
    $625,000

    Commercial Sale, Business - Algona, IA

    Days on Market:
    30
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 219 E State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    22-02-456-015
    Parking features
    Paved or Surfaced

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1985
    Number of units
    4
    Building materials
    Brick, Metal Siding
    Architectural style
    Other

    EXIT Realty Home/Land Properties (515) 295-7577

    Listing agent Betty Kunkel (515) 295-7577 License #***

    Listing date Nov 6, 2025

    MLS# 6333475 Listing URL

    Copyright © 2025 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.

    Overview

    Algona Commercial Building For Sale

    This well-maintained commercial building, constructed in 1985, is located on Main Street in Algona, Iowa. The property has a total area of 11,322 square feet. It features four entities, including three tenant spaces that generate rental income. The primary unit includes nine offices, a conference room, a reception area, two bathrooms, a large rear meeting room, a kitchenette, and ample storage. Recent updates have been made throughout the property. The building is move-in ready and offers both functionality and investment return.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Algona
    County
    Kossuth
    State
    Iowa
    Longitude
    -94.234548
    Latitude
    43.069173

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    FAQs

    What type of property is this?
    Office building - Well-maintained commercial building with income potential in Algona, Iowa.
    Where is this office building located?
    The property is located at 219 E State St Algona, IA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - 11,322 sq. ft. commercial building on Main Street; - Generates rental income from three tenant spaces; - Primary unit includes nine offices, a conference room, and a reception area
    (515) 295-7577
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    219 E State St Algona, IA 50511
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    Algona, IA 50511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    219 E State St Algona, IA 50511
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