Shopping Center

Algona, IA Shopping Centers for Sale

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Burt, IA West Bend, IA Bancroft, IA
Commercial Plaza with Leased Suites
Updated: Jun 29
Commercial Plaza with Leased Suites

1914 E Hwy 18, 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.
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 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, 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.

Multi-Tenant Retail Center
Multi-Tenant Retail Center

1906 8th St NW, Austin, MN 55912

$3,200,000
20,140 sqft

Anchored retail center with long-term tenant stability, serving daily traffic tied to a major local employer.

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Multi-Tenant Retail Center
Multi-Tenant Retail Center

1906 8th Street Northwest, Austin, MN 55912

$3,200,000
20,140 sqft

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

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Mankato Riverfront Plaza Retail Center
Mankato Riverfront Plaza Retail Center

1400 South Riverfront Drive, Mankato, MN 56001

Contact for pricing
3,724 sqft

Fully renovated retail center in Mankato, Minnesota.

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Retail Property in Mankato, MN
Retail Property in Mankato, MN

1920 Adams St, Mankato, MN

$3,150,000
7,480 sqft · 1.18 AC lot

Retail property with national tenants, excellent visibility and access.

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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.

Clive Land for Sale
Clive Land for Sale

156th & Hickman |, Clive, IA 50325

$840,000
1.38 AC lot

Two commercial pad sites available in Clive, Iowa.

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Commercial Land Near Highway 59
Commercial Land Near Highway 59

605 PIONEER Avenue, Oakland, IA 51560

$95,000
1.46 AC lot

Large commercial lot suitable for various development projects.

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Plymouth Land Opportunity For Sale
Plymouth Land Opportunity For Sale

4108 Lancaster Lane N |, Plymouth, MN 55441

$7,900,000
17.00 AC lot

17-acre site in Plymouth, MN, ideal for mixed-use development.

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Hiawatha Land Opportunity
Hiawatha Land Opportunity

1175 Tower Terrace Rd, Hiawatha, IA 52233

$1,486,485
5.46 AC lot

5.46 acres at a prominent intersection with development potential.

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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.

321 Call St
SHOPPING CENTER, STRIP CENTER

321 Call St, Algona, IA 50511

$665,000
Estimated value
6,090 sqft · 0.32 AC lot
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115 Phillips St
SHOPPING CENTER, STRIP CENTER

115 Phillips St, Algona, IA 50511

$735,000
Estimated value
6,710 sqft · 0.43 AC lot
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803 Phillips St
SHOPPING CENTER, STRIP CENTER

803 Phillips St, Algona, IA 50511-3646

$675,000
Estimated value
6,000 sqft · 0.46 AC lot
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1914 Hwy 18th E
SHOPPING CENTER, STRIP CENTER

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

$1,815,000
Estimated value
18,038 sqft · 1.19 AC lot
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1500 Hwy 169th N
SHOPPING CENTER, STRIP CENTER

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

$1,145,000
Estimated value
11,200 sqft · 6.03 AC lot
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Algona, IA Shopping Centers Market Trends and Statistics

Explore 6 shopping centers for sale in Algona, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $895,000.

Sale prices for plazas in Algona, IA start at $895,000, averaging $895,000, 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%

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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