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Flex Space with Four Garage Doors
For Sale
$425,000

2120 E Oak Street, Algona, IA 50511

Commercial Sale, Algona, IA

Property SizeContact for details
Days on Market132

Property Features for 2120 E Oak Street

General Information

Property type Commercial Sale
Property subtype Other
Appliances Dishwasher, Refrigerator, Water Softener Owned
Directions GPS
Standard status Active
APN 22-01-278-034

Taxes and HOA fees

Tax Year 2026
Tax Description LOTS 1 & 8 BLK 143 &W 1/2 OF VAC METCALF ST BTWN BLK 142 & 143 CALLS ADD
Tax Annual Amount 3515
Legal Description LOTS 1 & 8 BLK 143 &W 1/2 OF VAC METCALF ST BTWN BLK 142 & 143 CALLS ADD

Utilities

Heating system Forced Air, Oil
Water source Public

Amenities

workout area
full kitchen
3/4 bath
loft space
updated fiber internet

Building Details

Year built 2002
Number of units 1
Building materials Metal Siding
Architectural style Other
Listing Agency: EXIT Realty Home/Land Properties
Listed By: Betty Kunkel · License #***
Added: May 20 Changed: Sep 12 Last Checked: Sep 28 at 12:06AM
MLS# 6338493

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.

Built in 2002, this 3,816-square-foot metal flex property combines functional shop space with amenities suited to commercial, hobby, or storage uses. The building includes four overhead garage doors, a loft, workout area, 3/4 bath, and a full kitchen with reverse osmosis. The front shop uses a mini-split for cooling and has forced-air and infrared heat, while the rear shop is served by in-floor radiant heat from a boiler system that also supplies the water heater.

An additional 880-square-foot metal shed expands the available storage or work area. Other features include an owned water softener, dishwasher, refrigerator, updated fiber internet, public water, and parking at both the front and rear. The property is located at 2120 E Oak Street in Algona, Iowa.

Key Highlights

  • 3,816‑square‑foot metal flex building constructed in 2002
  • Four overhead garage doors with front and rear parking
  • Front shop includes mini‑split cooling, forced‑air heat, and infrared heat

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store HVAC Service Gym & Fitness Center Building Supply

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

144
Businesses Nearby
Under-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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Flex space - Metal commercial building with shop areas, storage, climate control, kitchen, and front and rear parking.
Where is this flex space located?
The property is located at 2120 E Oak Street Algona, IA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 3,816‑square‑foot metal flex building constructed in 2002; Four overhead garage doors with front and rear parking; Front shop includes mini‑split cooling, forced‑air heat, and infrared heat
More about this property
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