1914 E Hwy 18, Algona, IA 50511

Building Details

Year Built

2003

Listing office Exit Realty Home/Land Properties

Listing date Jun 29, 2026

Source Crexi

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Overview

This well-maintained commercial plaza is currently operating near full occupancy, with 8 established tenant spaces leased under varying lease terms. In addition to the occupied units, 3 smaller commercial suites are available for lease. The property is described as having a consistent occupancy history and a strong rental history, supported by a diverse tenant base with staggered lease expirations.

The plaza offers excellent visibility and accessibility for tenants and customers, with ample parking on site. The property is located at 1914 E Hwy 18 in Algona, Iowa.

For investors, the current mix of leased units provides diversified, steady income, while the availability of 3 suites supports potential leasing activity within the same asset. For prospective tenants, the property offers an established business location with parking and visibility, alongside available space options for companies seeking a commercial plaza setting with access for customers.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Nail Salon Hair Salon Food Market HVAC Service Grocery & Convenience Store Bar & Pub Garden Center

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

Location Insight

• Map
• Local Demand

City

Algona

County

Kossuth

State

Iowa

Longitude

-94.2141622

Latitude

43.0824705

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FAQs

What type of property is this?

Shopping center - Well-maintained commercial plaza with 8 leased spaces and 3 suites available, supported by visibility, accessibility, and ample parking.

Where is this shopping center located?

The property is located at 1914 E Hwy 18 Algona, IA.

What is the asking price?

The asking price for this property is $895,000.

What are key features of this property?

This property features: Commercial plaza built in 2003 with 8 leased tenant spaces operating near full occupancy.; 8 leased units with diversified rental income under varying lease terms.; 3 smaller commercial suites currently available for lease, offering additional leasing income potential.