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Updated Flex Space With Outbuildings
For Sale
$289,000

1310 Highway 18 E, Algona, IA 50511

Multiple accessory buildings add office, shop, storage, and overhead-door functionality.

Property SizeContact for details
Days on Market853

Property Features for 1310 Highway 18 E

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,936

Building Details

Year Built 1930
Units 4
Listing Agency: Weichert, REALTORS-The 515 Agency
Listed By: Brad Hoover · License #S65561
Source: Sweeneyrealestate
Added: Apr 19, 2024 Changed: Aug 14 Last Checked: Aug 19 at 3:07PM

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-space property includes a main building with an updated interior featuring an open sales floor, office, break room, bathroom, and storage room. Two separate HVAC units provide heating and cooling, and both units were replaced within the last few years. The property also includes several accessory structures that expand its shop, storage, and operational capacity.

An attached 80' x 24' pole building includes an additional office and a small insulated, heated shop with a 12' x 12' overhead door. The southeast structure is a 48' x 20' steel-framed building with a 48' x 32' lean-to. A southwest pole barn, built in 1990, measures 60' x 40' and has a full concrete floor, a 10' x 40' storage loft, and sliding doors. The property was built in 1930 and is located at 1310 Highway 18 E in Algona, Iowa.

Key Highlights

  • Main building includes an open sales floor, office, break room, bathroom, and storage room
  • Attached 80' x 24' pole building with an additional office and 12' x 12' overhead door
  • Small insulated and heated shop included within the attached pole building

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.

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 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 - Multiple accessory buildings add office, shop, storage, and overhead-door functionality.
Where is this flex space located?
The property is located at 1310 Highway 18 E Algona, IA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Main building includes an open sales floor, office, break room, bathroom, and storage room; Attached 80' x 24' pole building with an additional office and 12' x 12' overhead door; Small insulated and heated shop included within the attached pole building
More about this property
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