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Downtown Brick Office Building
For Sale
$115,000

116 N Moore Street, Algona, IA 50511

Commercial Sale, Algona, IA

Property SizeContact for details
Days on Market159

Property Features for 116 N Moore Street

General Information

Property type Commercial Sale
Property subtype Other
Directions East Call Street to North Moore Street
Standard status Active
APN 2202456020

Taxes and HOA fees

Tax Year 2025
Tax Description Tract 1 & 2 Loc in Lot 4 Blk 22 as Desc by survey CP Bk 4 Pg 41
Tax Annual Amount 1836
Legal Description Tract 1 & 2 Loc in Lot 4 Blk 22 as Desc by survey CP Bk 4 Pg 41

Utilities

Heating system Forced Air
Water source Public

Amenities

front reception area
kitchenette
office/break room
half bath
basement storage
outdoor space

Building Details

Year built 1936
Number of units 1
Building materials Brick
Architectural style Other
Listing Agency: Farm & Home Services
Listed By: Thomas Geelan · License #***
Added: Apr 30 Changed: Sep 7 Last Checked: Oct 5 at 7:06PM
MLS# 6337793

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 1936 brick office building provides more than 1,300 square feet with a front reception area, kitchenette, office and break-room space, and a half bath. Basement storage adds functional support space, while the rear exit leads to an outdoor area suitable for breaks or lunch. Forced-air heating and public water serve the property.

The building is positioned in downtown Algona, with a public parking lot across the street. Its existing layout and commercial setting support continued office use, while the available configuration may also accommodate medical, retail, or hair salon operations as described in the property information.

Key Highlights

  • More than 1,300 square feet of office space
  • 1936 brick construction
  • Front reception area, kitchenette, office, and break‑room space

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Pharmacy Law Firm Skin Care Clinic Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office property with reception space, kitchenette, basement storage, and public parking directly across the street.
Where is this office building located?
The property is located at 116 N Moore Street Algona, IA.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: More than 1,300 square feet of office space; 1936 brick construction; Front reception area, kitchenette, office, and break‑room space
More about this property
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