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Mixed-Use Storefront Building

17 E State Street, Algona, IA 50511

For Sale
$135,000

Commercial Sale, Algona, IA

Property SizeContact for details
Days on Market35

Property Features for 17 E State Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Directions Use GPS
Standard status Active
APN 22-02-383-013

Taxes and HOA fees

Tax Year 2026
Tax Description W 2/5 OF LOTS 5-6 EX N 11.5' BLK 20 O P
Tax Annual Amount 2500
Legal Description W 2/5 OF LOTS 5-6 EX N 11.5' BLK 20 O P

Utilities

Heating system Hot Water(Heating)
Water source Public

Building Details

Year built 1900
Number of units 6
Building materials Block, Brick, Wood Siding
Architectural style Other
Buildings 1
Listing Agency: Realty ONE Group Movement
Listed By: Marlene Banwart
Added: Oct 6 Changed: Nov 3 Last Checked: Nov 9 at 2:06PM
MLS# 6344247

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.

Rey
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Investment Insights

Based on property information with market context.

At 17 E State Street, this downtown Algona property has a traditional brick storefront with display windows facing the street. Inside, the building contains open areas, additional rooms, and storage or business-operation space. The listed construction materials include block, brick, and wood siding. Hot water heating and a public water source serve the property, and on-street parking is available.

The property is situated among other businesses and services in downtown Algona. Built in 1900, the building is classified as a mixed-use property.

Key Highlights

  • Downtown address: 17 E State Street, Algona
  • Traditional brick storefront with street‑facing display windows
  • Interior includes open areas, additional rooms, and storage space

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Pharmacy Real Estate Agency Grocery & Convenience Store Skin Care Clinic Gym & Fitness Center (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

498
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 91% Beauty & Spa 9%
Casey's General Store Shops & Services
9,032 visits/mo 0.4 miles
Merle Norman Cosmetic Studio Beauty & Spa
907 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The interior combines open areas with additional rooms and storage space.
Where is this mixed-use property located?
The property is located at 17 E State Street Algona, IA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Downtown address: 17 E State Street, Algona; Traditional brick storefront with street‑facing display windows; Interior includes open areas, additional rooms, and storage space
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