Algona, IA
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    Algona, IA Restaurants for Sale

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    Burt, IA Whittemore, IA West Bend, IA
    Freestanding Restaurant with Drive-Thru
    $399,900
    2,950 SF

    Freestanding Restaurant with Drive-Thru

    1513 Hwy 169 N, Algona, IA 50511

    Former restaurant with drive-thru, available for lease or purchase.

    • High‑traffic location on US‑169/Highway 18 with prominent highway signage.
    • Fully equipped commercial kitchen and dedicated drive‑thru lane.
    • Freestanding 2,950 SF building suitable for QSR, restaurant, or food service.
    • Ample on‑site parking.
    • Surrounded by national retailers (Hy‑Vee, McDonald's, Pizza Ranch).
    Updated: May 13
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    Freestanding Retail Building with Drive-Thru
    $399,900
    2,861 SF

    Freestanding Retail Building with Drive-Thru

    1513 HWY 169 N, Algona, IA 50511

    2,861 SF retail building with drive-thru on 0.75 acres.

    • High‑visibility location on Highway 169 N with strong daily traffic counts.
    • Drive‑thru lane, suitable for QSR, retail, or service uses.
    • Ample parking and excellent ingress/egress.
    • Located in Algona, Iowa, a regional trade center and county seat.
    • Freestanding building of approximately 2,950 square feet on a 0.75‑acre site.
    Updated: May 13
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    Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 2 Active listings in Algona, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Restaurant in Downtown Garner
    $149,900
    4,500 SF

    Turn-Key Restaurant in Downtown Garner

    Former Pizza Ranch location with complete commercial kitchen and dining area.

    405 State Street, Garner, IA 50438
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    Turn-Key Restaurant in Downtown Garner
    $175,000
    4,500 SF

    Turn-Key Restaurant in Downtown Garner

    Former Pizza Ranch location with complete commercial kitchen and dining.

    405 State St, Garner, IA 50438
    View details
    Mixed-Use Building in Downtown Core
    $100,000
    0.08 Acres

    Mixed-Use Building in Downtown Core

    Three-story building with cafe, bar, and apartments in Iowa.

    1101 Central Ave, Fort Dodge, IA 50501
    View details
    Downtown Fort Dodge Mixed-Use Building
    $150,000
    2,160 SF

    Downtown Fort Dodge Mixed-Use Building

    Historic mixed-use building with commercial and residential spaces.

    12 N 7th St, Fort Dodge, IA 50501
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Fort Dodge Commercial Land
    $845,000
    2.98 Acres

    Fort Dodge Commercial Land

    Commercial land available in Fort Dodge, Iowa.

    Leah Lane lot: 1 Triton Pl, Fort Dodge, IA 50501
    View details
    Prime Commercial Land I-35 Frontage
    $975,000
    6.50 Acres

    Prime Commercial Land I-35 Frontage

    6.5± acre commercial land with utilities and flexible zoning.

    21133 775th St, Albert Lea, MN 56007
    View details
    Prime Commercial Land I-35 Frontage
    $575,000
    7.00 Acres

    Prime Commercial Land I-35 Frontage

    7-acre commercial land parcel with IDD zoning and utilities.

    21135 775th Ave, Albert Lea, MN 56007
    View details
    Mankato Commercial Land For Sale
    $937,312
    1.26 Acres

    Mankato Commercial Land For Sale

    Prime commercial ground in Mankato's newest development area.

    Coneflower Lane, Mankato, MN 56001
    View details

    Off-Market Properties in Algona, IA

    Consider similar Off-Market properties in Algona, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1320 Hwy 169th N
    RESTAURANT
    4,588 SF Lot: 1.05 Acres
    Value Estimation by Request

    1320 Hwy 169th N, Algona, IA 50511-1007

    View details
    1325 Hwy 169th N
    RESTAURANT
    4,064 SF Lot: 0.30 Acres
    Value Estimation by Request

    1325 Hwy 169th N, Algona, IA 50511-1006

    View details
    1323 Hwy 169th N
    RESTAURANT
    3,024 SF Lot: 0.37 Acres
    Value Estimation by Request

    1323 Hwy 169th N, Algona, IA 50511-1006

    View details
    216 State St
    NIGHTCLUB (COCKTAIL LOUNGE)
    5,774 SF Lot: 0.13 Acres
    Value Estimation by Request

    216 State St, Algona, IA 50511-2736

    View details
    16 State St
    RESTAURANT
    8,800 SF Lot: 0.13 Acres
    Value Estimation by Request

    16 State St, Algona, IA 50511-2640

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    4 State St
    RESTAURANT
    3,996 SF Lot: 0.09 Acres
    Value Estimation by Request

    4 State St, Algona, IA 50511-2640

    View details
    1513 Hwy 169th N
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,861 SF Lot: 0.75 Acres

    1513 Hwy 169th N, Algona, IA 50511-1003

    View details
    20 Nebraska St
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,088 SF Lot: 0.21 Acres

    20 Nebraska St, Algona, IA 50511-2630

    View details
    224 Norwood Dr
    RESTAURANT
    4,138 SF Lot: 0.62 Acres
    Value Estimation by Request

    224 Norwood Dr, Algona, IA 50511-1134

    View details
    121 State St
    RESTAURANT
    2,285 SF Lot: 0.07 Acres
    Value Estimation by Request

    121 State St, Algona, IA 50511-2735

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    1515 Mccoy St
    RESTAURANT
    5,748 SF Lot: 0.77 Acres
    Value Estimation by Request

    1515 Mccoy St, Algona, IA 50511-1240

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    19 State St
    NIGHTCLUB (COCKTAIL LOUNGE)
    6,187 SF Lot: 0.07 Acres
    Value Estimation by Request

    19 State St, Algona, IA 50511-2641

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    10 State St
    RESTAURANT
    4,340 SF Lot: 0.07 Acres
    Value Estimation by Request

    10 State St, Algona, IA 50511

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    414 State St
    NIGHTCLUB (COCKTAIL LOUNGE)
    5,280 SF Lot: 0.16 Acres
    Value Estimation by Request

    414 State St, Algona, IA 50511-2740

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    12 State St
    RESTAURANT
    3,064 SF Lot: 0.07 Acres
    Value Estimation by Request

    12 State St, Algona, IA 50511-2640

    View details
    502 Phillips St
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,512 SF Lot: 0.38 Acres
    Value Estimation by Request

    502 Phillips St, Algona, IA 50511-3529

    View details
    1826 Hwy 18
    NIGHTCLUB (COCKTAIL LOUNGE)
    2,104 SF Lot: 0.85 Acres
    Value Estimation by Request

    1826 Hwy 18, Algona, IA 50511-7164

    View details
    1321 Hwy 169th N
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,370 SF Lot: 0.83 Acres
    Value Estimation by Request

    1321 Hwy 169th N, Algona, IA 50511-1006

    View details

    Algona, IA Restaurants Investment Opportunities Market Analysis

    Explore 20 restaurants for sale in Algona, IA on our real estate platform. These investment opportunities span a total of 2,950 square feet of properties for sale, with an estimated market value of $399,900.

    Sale prices for restaurant properties in Algona, IA start at $399,900, averaging $399,900, and reaching up to $399,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Drive through restaurants 4

    Demographics Overview

    Population 6,987
    Population Growth (5Y) +0.2%
    Median Household Income $60,256
    College Educated 33.5%

    High-Yield Neighborhoods for Investment

    Identify Algona submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    50511 $399.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.97%
    Property Tax per SF $23.63 per sq ft
    Tax Rate vs County Average 0.25 pp above county avg
    Average Loan-to-Value 65.0%

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