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    Algona, IA
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    Algona, IA Retail Properties & Spaces for Sale

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    Burt, IA West Bend, IA Bancroft, IA Renwick, IA Swea City, IA Britt, IA Emmetsburg, IA Mallard, IA
    Freestanding Retail Building with Drive-Thru
    Updated: May 13
    Freestanding Retail Building with Drive-Thru

    1513 HWY 169 N, Algona, IA 50511

    $399,900
    2,861 sqft 0.75 AC lot
    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.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1513 HWY 169 N, ALGONA, IA

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $32K
      Annual

    • Price @ 7% Cap

      $462K
      Above asking

    • Last Sold

      Aug 2017
      $650K

    • Property Type

      Drive-Thru Restaurant, Fast Food
      Built 1993
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    Retail Strip Plaza with Available Suites
    Updated: Jun 29
    Retail Strip Plaza with Available Suites

    1914 E Hwy 18, Algona, IA 50511

    $895,000
    Brick commercial plaza built in 2003 with forced air heating
    Currently has 8 leased tenant spaces operating near full occupancy
    3 additional smaller commercial suites are available for lease
    Diverse tenant base with staggered lease expirations for multiple rollover points
    Water source is public
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    High Visibility Commercial Property, Algona
    High Visibility Commercial Property, Algona

    1310 Highway 18 E, Algona, IA 50511

    $289,000
    0.90 AC lot

    Prime location with high visibility and multiple buildings.

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    Commercial Plaza with Leased Suites
    Commercial Plaza with Leased Suites

    1914 E Hwy 18, Algona, IA 50511

    $895,000

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

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Downtown Office Building
    Downtown Office Building

    116 N Moore Street, Algona, IA 50511

    $115,000

    Well-kept office building with a front reception area, kitchenette, office/break room, half bath, and basement storage.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Algona, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

    Single-Story Retail Building
    Single-Story Retail Building

    1200 3rd Ave NW, Fort Dodge, IA 50501

    $595,000
    0.74 AC lot

    Well-maintained single-story commercial building with a functional layout for retail or small business use.

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    Commercial Property with Two Buildings
    Commercial Property with Two Buildings

    1412 Central Avenue W, Clarion, IA 50525

    $215,000
    5,000 sqft

    Commercial property featuring two buildings with office and storage space.

    View details
    7200 SF Commercial/Storage Building
    7200 SF Commercial/Storage Building

    1302 Central Avenue E, Clarion, IA 50525

    $220,000
    7,200 sqft

    7200 SF building suitable for commercial or storage use.

    View details
    Kingsgate Center Retail/Office Condo
    Kingsgate Center Retail/Office Condo

    2419 2nd Avenue N, Fort Dodge, IA 50501

    $949,500
    1.77 AC lot

    Prime location retail/office condo in Fort Dodge, Iowa.

    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.

    Commercial Land Near Highway 18
    Commercial Land Near Highway 18

    4th Street NE, Britt, IA 50423

    Contact for pricing
    0.87 AC lot

    Commercial land with highway access in Britt, Iowa.

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    Commercial Lots in Graettinger, Iowa
    Commercial Lots in Graettinger, Iowa

    N Cedar Avenue, Graettinger, IA 51342

    $34,999
    0.79 AC lot

    Two bare lots, commercially zoned, potential for residential rezoning.

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    Fort Dodge Commercial Land
    Fort Dodge Commercial Land

    S Tower Drive & Kenyon Road lot: 3 Triton Pl, Fort Dodge, IA 50501

    $1,076,000
    3.80 AC lot

    3.8 acre commercial land for sale in Fort Dodge.

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    Prime Lot in Fort Dodge
    Prime Lot in Fort Dodge

    FTD DIERSEN 2ND ADD lot: 3, Fort Dodge, IA 50501

    $90,000
    0.95 AC lot

    High-traffic commercial lot near Wal-Mart and new hotel.

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    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.

    902 Main St
    SERVICE STATION (FULL SERVICE)

    902 Main St, Algona, IA 50511-1814

    Value Estimation by Request
    2,152 sqft 0.30 AC lot
    View details
    320 State St
    RETAIL STORES (PERSONAL SERVICES)

    320 State St, Algona, IA 50511-2738

    Value Estimation by Request
    11,616 sqft 0.27 AC lot
    View details
    101 State St
    RETAIL STORES (PERSONAL SERVICES)

    101 State St, Algona, IA 50511-2735

    Value Estimation by Request
    11,159 sqft 0.13 AC lot
    View details
    112 Moore St
    BARBER, HAIR SALON

    112 Moore St, Algona, IA 50511-2730

    Value Estimation by Request
    675 sqft 0.05 AC lot
    View details
    803 Main St
    DRY CLEANER

    803 Main St, Algona, IA 50511-1937

    Value Estimation by Request
    2,372 sqft 0.27 AC lot
    View details
    109 State St
    RETAIL STORES (PERSONAL SERVICES)

    109 State St, Algona, IA 50511-2735

    Value Estimation by Request
    4,635 sqft 0.07 AC lot
    View details
    1320 Hwy 169th N
    RESTAURANT

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

    Value Estimation by Request
    4,588 sqft 1.05 AC lot
    View details
    302 State St
    RETAIL STORES (PERSONAL SERVICES)

    302 State St, Algona, IA 50511-2738

    Value Estimation by Request
    5,856 sqft 0.14 AC lot
    View details
    107 Harlan St
    RETAIL STORES (PERSONAL SERVICES)

    107 Harlan St, Algona, IA 50511-2727

    Value Estimation by Request
    5,730 sqft 0.14 AC lot
    View details
    1609 Norwood Dr
    RETAIL STORES (PERSONAL SERVICES)

    1609 Norwood Dr, Algona, IA 50511-1163

    $525,000
    Estimated value
    28,000 sqft 2.94 AC lot
    View details
    307 State St
    BARBER, HAIR SALON

    307 State St, Algona, IA 50511-2739

    Value Estimation by Request
    3,476 sqft 0.04 AC lot
    View details
    17 State St
    RETAIL STORES (PERSONAL SERVICES)

    17 State St, Algona, IA 50511-2633

    Value Estimation by Request
    12,752 sqft 0.15 AC lot
    View details
    205 Phillips St
    RETAIL STORES (PERSONAL SERVICES)

    205 Phillips St, Algona, IA 50511

    $525,000
    Estimated value
    12,200 sqft 0.68 AC lot
    View details
    100 State St
    RETAIL STORES (PERSONAL SERVICES)

    100 State St, Algona, IA 50511-2734

    Value Estimation by Request
    4,768 sqft 0.07 AC lot
    View details
    107 Hwy 18th W
    CONVENIENCE STORE

    107 Hwy 18th W, Algona, IA 50511-7221

    Value Estimation by Request
    2,440 sqft 1.11 AC lot
    View details
    119 State St
    RETAIL STORES (PERSONAL SERVICES)

    119 State St, Algona, IA 50511-2735

    Value Estimation by Request
    2,085 sqft 0.06 AC lot
    View details
    702 Phillips St
    LAUNDROMAT (SELF-SERVICE)

    702 Phillips St, Algona, IA 50511-3641

    Value Estimation by Request
    2,788 sqft 0.12 AC lot
    View details
    1325 Hwy 169th N
    RESTAURANT

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

    Value Estimation by Request
    4,064 sqft 0.30 AC lot
    View details
    1323 Hwy 169th N
    RESTAURANT

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

    Value Estimation by Request
    3,024 sqft 0.37 AC lot
    View details

    Algona, IA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Algona, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 2,861 square feet of properties for sale, with an estimated market value of $2,593,900.

    Sale prices for stores in Algona, IA start at $115,000, averaging $518,780, and reaching up to $895,000 — 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

    Commercial property segments ranked by active listings on the market

    Storefront properties 2
    Shopping centers 1

    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 average listing prices of real estate assets

    Neighborhood Average Price
    50511 $696K

    Taxes & Financing

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

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