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    Algona, IA
    Strip Mall

    Algona, IA Strip Malls for Sale

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    Burt, IA Lu Verne, IA Bode, IA Bancroft, IA Renwick, IA Swea City, IA Britt, IA Emmetsburg, 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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    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 10 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

    Opportunities in Nearby Cities

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

    Planet Fitness-Anchored Retail Center
    Planet Fitness-Anchored Retail Center

    1809-1859 Adams Street, Mankato, MN 56001

    $9,950,000
    47,000 sqft

    For-sale retail shopping center anchored by Planet Fitness and positioned directly across from River Hills Mall in Mankato, MN.

    View details
    Net-Leased Retail Strip Center
    Net-Leased Retail Strip Center

    511 Holly Ln, Mankato, MN 56001

    Contact for pricing
    5,852 sqft

    Stabilized retail strip center with a true NNN lease structure and professionally managed tenants on 2-7 year terms.

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    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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    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

    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 Strip Malls Market Trends and Statistics

    Explore 6 strip malls for sale in Algona, IA on our real estate platform.

    Sale prices for retail strips 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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