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    Algona, IA
    Strip Mall

    Algona, IA Strip Malls 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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    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 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.

    Stabilized Retail Strip Center
    Stabilized Retail Strip Center

    511 Holly Ln, Mankato, MN 56001

    $3,490,000

    Retail strip center in Mankato, MN with NNN leases.

    View details
    New Retail Center in Grimes
    New Retail Center in Grimes

    825 NE Gateway Dr., Grimes, IA 50111

    Contact for pricing
    1,600 sqft · 3.12 AC lot

    New retail strip center near high-traffic highway and entertainment district.

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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.

    View details
    New Retail Center in Grimes
    New Retail Center in Grimes

    825 NE Gateway Dr, Grimes, IA 50111

    Contact for pricing
    21,238 sqft

    New retail strip center near high-traffic area and entertainment district.

    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 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.

    View details
    Commercial Land in Somerset, WI
    Commercial Land in Somerset, WI

    108 MAIN St, Somerset, WI 54025

    $159,000
    0.68 AC lot

    Commercial land for sale in Somerset, Wisconsin.

    View details
    Commercial Land in Rockton, IL
    Commercial Land in Rockton, IL

    N Main, Rockton, IL 61072

    $550,000
    13.20 AC lot

    13.2 acres of commercial land near downtown Rockton.

    View details
    Zoned Commercial General Development Land
    Zoned Commercial General Development Land

    N Main Street, Rockton, IL 61072

    $550,000
    13.20 AC lot

    Commercially zoned acreage near Red Barn Golf Course and nearby housing, offering flexibility for a range of business uses.

    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

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

    115 Phillips St, Algona, IA 50511

    $735,000
    Estimated value
    6,710 sqft · 0.43 AC lot
    View details
    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
    View details
    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
    View details
    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
    View details

    Algona, IA Strip Malls Market Trends and Statistics

    Explore 6 strip malls 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 retail strips 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%

    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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