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Algona, IA Storefront Properties for Sale

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Burt, IA West Bend, IA Bancroft, IA
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
Updated: Apr 19, 2024
High Visibility Commercial Property, Algona

1310 Highway 18 E, Algona, IA 50511

$289,000
0.90 AC lot
High‑visibility location with significant traffic exposure.
Multiple buildings including a main building with updated interior and additional pole buildings for diverse usage.
80'x24' pole building attached to the main building, featuring an office and insulated/heated shop with overhead door.
Climate control with two recently replaced heating and cooling units.
Southwest pole barn (60'x40') with concrete floor and storage loft.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Algona, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Remodeled Restaurant Building For Sale
Remodeled Restaurant Building For Sale

2960 4th SW, Mason City, IA 50401

$1,200,000
5,858 sqft · 1.14 AC lot

Leased restaurant building in prime location with modern updates.

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Multi-Tenant Retail Storefront
Multi-Tenant Retail Storefront

402 Indianhead Dr, Mason City, IA 50401

$1,400,000
6,148 sqft

Three-suite retail property leased to Subway and US Cellular near Indianhead Square.

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Commercial Building in Webster City
Commercial Building in Webster City

814 Superior Street, Webster City, IA 50595

$850,000
17,920 sqft

17,920 SF building with lease income and upside.

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Former Starbucks with Drive-Thru
Former Starbucks with Drive-Thru

1140 Torgerson Drive, Fairmont, MN 56031

$619,000
0.77 AC lot

Versatile building, previously Starbucks, suitable for various retail uses.

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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.

Prime Commercial Location in Storm
Prime Commercial Location in Storm

1703 E Lakeshore Drive, Storm Lake, IA 50588

$655,000
13,000 sqft · 4.00 AC lot

High-visibility commercial property with multiple buildings on 4+ acres.

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Mankato Commercial Land For Sale
Mankato Commercial Land For Sale

1763 Bassett Drive, Mankato, MN 56001

$165,000
1.08 AC lot

Accessible 1.083 acre lot suitable for various businesses.

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Prime Commercial Outlot Opportunity
Prime Commercial Outlot Opportunity

Premier Drive, Mankato, MN 56001

$300,000
0.75 AC lot

Strategically located 0.75-acre commercial outlot with high traffic exposure.

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Commercial Land Near Retail Hub
Commercial Land Near Retail Hub

1770 Premier Drive, Mankato, MN 56001

Contact for pricing

Land available in high-traffic area near major retailers.

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Algona, IA Storefront Properties Market Trends and Statistics

Explore 2 storefront properties 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 $1,184,000.

Sale prices for retail units in Algona, IA start at $289,000, averaging $592,000, 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%

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 $592K

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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