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    Algona, IA
    Shopping Center

    Algona, IA Shopping Centers for Sale

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    Burt, IA Lu Verne, IA Bode, IA Bancroft, IA Mallard, IA Renwick, IA Swea City, IA Britt, IA
    Multi-Tenant Strip Mall
    Updated: Jun 29
    Multi-Tenant Strip Mall

    1914 E Hwy 18, Algona, IA 50511

    $895,000
    8 leased tenant spaces currently in operation
    3 smaller commercial suites available for lease
    Varying lease terms with staggered expirations
    Brick construction completed in 2003
    Forced‑air heating and public water
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    Commercial Plaza with Leased Suites
    Updated: Jun 29
    Commercial Plaza with Leased Suites

    1914 Highway 18 E, Algona, IA 50511

    $895,000
    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.
    Diverse tenant base with staggered lease expirations.
    Ample on‑site parking for tenants and customers.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Algona, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Mixed-Use Plaza Package
    Mixed-Use Plaza Package

    10 1st SE, Mason City, IA 50401

    $730,000
    4,554 sqft

    Six parcels combine storefronts, upper-level apartments, and mall-facing retail spaces in a central Mason City commercial setting.

    View details
    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    1906 8th Street Northwest, Austin, MN 55912

    Contact for pricing
    20,140 sqft

    20,140 SF multi-tenant retail center anchored by Hormel Foods near major national retailers.

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    Two-Story Storefront Property
    Two-Story Storefront Property

    11 S Federal, Mason City, IA 50401

    $730,000
    3,520 sqft

    Six-parcel commercial package with plaza-facing storefronts, additional mall-entry retail, and some apartments above.

    View details
    Shopping Center with NNN Leases
    Shopping Center with NNN Leases

    1300 18th Ave NW, Austin, MN 55912

    Contact for pricing
    48,198 sqft

    Shopping center offering NNN leases and a tenant mix that includes Sherwin Williams and Pizza Ranch.

    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.

    321 Call St
    SHOPPING CENTER, STRIP CENTER

    321 Call St, Algona, IA 50511

    Estimated value:
    $275,000
    6,090 sqft 0.32 AC lot
    View details
    115 Phillips St
    SHOPPING CENTER, STRIP CENTER

    115 Phillips St, Algona, IA 50511

    Estimated value:
    $305,000
    6,710 sqft 0.43 AC lot
    View details
    803 Phillips St
    SHOPPING CENTER, STRIP CENTER

    803 Phillips St, Algona, IA 50511-3646

    Estimated value:
    $305,000
    6,000 sqft 0.46 AC lot
    View details
    1914 Hwy 18th E
    SHOPPING CENTER, STRIP CENTER

    1914 Hwy 18th E, Algona, IA 50511-1200

    Estimated value:
    $490,000
    18,038 sqft 1.19 AC lot
    View details
    1500 Hwy 169th N
    SHOPPING CENTER, STRIP CENTER

    1500 Hwy 169th N, Algona, IA 50511-1019

    Estimated value:
    $1,145,000
    11,200 sqft 6.03 AC lot
    View details

    Algona, IA Shopping Centers Market Trends and Statistics

    Explore 7 shopping centers for sale in Algona, IA on our real estate platform.

    Sale prices for plazas in Algona, IA average $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

    Shopping centers 2
    Storefront properties 2
    Auto shops 1
    Automotive properties 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 $895K

    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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