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

2120 E Oak Street, Algona, IA 50511

COMMERCIAL - Other - Algona, IA

Property SizeContact for details
Days on Market92

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 Oil, Forced Air
Water source Public

Amenities

workout area
loft space
full kitchen
reverse osmosis
water softener
fiber internet
3/4 bath

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: Aug 19 Last Checked: Aug 19 at 11:06PM
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 building combines functional shop space with amenities that support varied commercial or hobby operations. The property includes four overhead garage doors, front and rear shop areas, a dedicated workout area, loft space, a 3/4 bath, and a full kitchen with dishwasher, refrigerator, reverse osmosis, and an owned water softener.

Heating and cooling systems vary by area. The front shop uses a mini-split for cooling along with forced-air and infrared heat, while the rear shop has in-floor radiant heat served by a boiler system that also supplies the water heater. Updated fiber internet and public water are available.

An additional 880-square-foot metal shed expands the property’s storage and workspace capacity. Parking is provided at both the front and rear of the site.

Key Highlights

  • 3,816‑square‑foot metal flex building constructed in 2002
  • Four overhead garage doors serving the shop areas
  • Additional 880‑square‑foot metal shed for storage or workspace

Property Analytics

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.

Lease Details

4
Drive-in doors

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Metal flex building with shop areas, supplemental storage, kitchen facilities, and mixed heating systems.
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 serving the shop areas; Additional 880‑square‑foot metal shed for storage or workspace
More about this property
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