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Flex Property with Shop
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1308 Highway 18 E, Algona, IA 50511

Multi-building flex property with an open sales floor, offices, storage areas, and a heated shop.

Property SizeContact for details
Days on Market141

Property Features for 1308 Highway 18 E

General Information

Standard status Active
Property subtype Office, Retail, Industrial

Additional Details

Highway Access Yes

Building Details

Buildings 4
Listing Agency: Weichert, REALTORS-The 515 Agency
Listed By: Brad Hoover · License #S65561
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert, REALTORS-The 515 Agency

Investment Insights

Based on property information with market context.

This flex property at 1308 Highway 18 E includes a primary building with an open sales floor, office, break room, bathroom, and storage room. Two separate heating and cooling units serve the main structure, and both were replaced within the last few years. An attached 80'x24' pole building adds another office and a small insulated, heated shop with a 12'x12' overhead door.

Additional improvements include a southeast steel-framed building measuring 48x20 with a 48x32 lean-to. A southwest pole barn built in 1990 measures 60'x40' and includes a full concrete floor, a 10'x40' storage loft, and sliding doors. The property is located in Algona, Iowa, at the Highway 18 E address.

Key Highlights

  • Open sales floor with office, break room, bathroom, and storage room
  • Two separate heating and cooling units in the main building, replaced within the last few years
  • Attached 80'x24' pole building with an additional office and heated shop

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Building Supply Auto Repair Shop Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Well-served
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • Ag Processing Inc 2108 140th Ave, Algona, IA 50511

Frequently Asked Questions

What type of property is this?
Flex space - Multi-building flex property with an open sales floor, offices, storage areas, and a heated shop.
Where is this flex space located?
The property is located at 1308 Highway 18 E Algona, IA.
What are key features of this property?
This property features: Open sales floor with office, break room, bathroom, and storage room; Two separate heating and cooling units in the main building, replaced within the last few years; Attached 80'x24' pole building with an additional office and heated shop
(515) 341-3834 Call to check price and availability
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