Strip Mall

Altoona, IA Strip Malls for Sale

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Strip Mall with Four Leased Spaces
Updated: Sep 23
Strip Mall with Four Leased Spaces

307 8th Street SW, Altoona, IA 50009

$1,400,000
1.00 AC lot
Four leased spaces in a multi‑tenant retail building
6,320 sq ft of ground‑floor area and a 480 sq ft finished basement
Adjoining parcel included in the sale
C‑2 zoning
Across from Hy‑Vee and near Walgreens on 8th Street
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Four-Suite Strip Mall
Updated: Sep 24
Four-Suite Strip Mall

307 8th St SW, Altoona, IA 50009

$1,400,000
6,320 sqft
All four commercial spaces are currently leased
6,320 sq ft of ground‑floor space plus a 480 sq ft finished basement
Main parcel is approximately 0.688 acres; adjoining parcel also included
C‑2 General Commercial zoning
Fronts 8th Street SW, across from Hy‑Vee and near Walgreens
View details
Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 2 Active listings in Altoona, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 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.

Multi-Tenant Strip Center
Multi-Tenant Strip Center

3620-3628 Kimball Avenue, Waterloo, IA 50702

$1,500,000
6,720 sqft

Multi-tenant retail property with long-term leases, street frontage, and C-1,C-Z zoning.

View details
Anchored Shopping Center
Anchored Shopping Center

151 Jacolyn Drive NW, Cedar Rapids, IA 52405

$2,000,000
37,336 sqft 4.77 AC lot

Multi-building retail campus with established tenants near residential neighborhoods, schools, and major roadways.

View details
Open-Plan Retail Suite
Open-Plan Retail Suite

266 Blairs Ferry Road NE, Cedar Rapids, IA 52402

Contact for pricing
15,803 sqft 2.02 AC lot

The space pairs an open customer area with a private office, restroom, and storage.

View details
Inline Retail Space in Strip Center
Inline Retail Space in Strip Center

1515 Flammang Drive, Waterloo, IA 50702

Contact for pricing
1,664 sqft

In-line retail unit with strong signage in a Waterloo strip center anchored by national retailers.

View details

Off-Market Properties in Altoona, IA

Consider similar Off-Market properties in Altoona, 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.

3053 8th SW St
SHOPPING CENTER, STRIP CENTER

3053 8th SW St, Altoona, IA 50009-1049

Estimated value: by Request
9,800 sqft 2.41 AC lot
View details
3160 8th SW St
SHOPPING CENTER, STRIP CENTER

3160 8th SW St, Altoona, IA 50009-1023

Estimated value:
$5,500,000
4,000 sqft 4.78 AC lot
View details
412 8th SW St
SHOPPING CENTER, STRIP CENTER

412 8th SW St, Altoona, IA 50009-1620

Estimated value:
$1,385,000
9,700 sqft 0.85 AC lot
View details
116 1st N Ave
SHOPPING CENTER, STRIP CENTER

116 1st N Ave, Altoona, IA 50009-1425

Estimated value:
$505,000
6,600 sqft 0.77 AC lot
View details
709 34th SW Ave
SHOPPING CENTER, STRIP CENTER

709 34th SW Ave, Altoona, IA 50009-2676

Estimated value:
$2,040,000
11,070 sqft 1.06 AC lot
View details
3219 8th SW St
SHOPPING CENTER, STRIP CENTER

3219 8th SW St, Altoona, IA 50009-1035

Estimated value:
$810,000
7,632 sqft 0.86 AC lot
View details
1005 8th SW St
SHOPPING CENTER, STRIP CENTER

1005 8th SW St, Altoona, IA 50009-2310

Estimated value:
$620,000
6,421 sqft 1.55 AC lot
View details
404 8th SW St
SHOPPING CENTER, STRIP CENTER

404 8th SW St, Altoona, IA 50009-4400

Estimated value:
$530,000
4,980 sqft 0.58 AC lot
View details
1003 8th SW St
SHOPPING CENTER, STRIP CENTER

1003 8th SW St, Altoona, IA 50009-2349

Estimated value:
$1,785,000
20,316 sqft 1.20 AC lot
View details
102 3rd SE St
SHOPPING CENTER, STRIP CENTER

102 3rd SE St, Altoona, IA 50009-1827

Estimated value:
$280,000
7,028 sqft 0.40 AC lot
View details
2437 Adventureland Dr
SHOPPING CENTER, STRIP CENTER

2437 Adventureland Dr, Altoona, IA 50009-9409

Estimated value:
$680,000
6,600 sqft 0.97 AC lot
View details
301 Ctr SW Pl
SHOPPING CENTER, STRIP CENTER

301 Ctr SW Pl, Altoona, IA 50009-1701

Estimated value:
$1,200,000
13,560 sqft 1.52 AC lot
View details
160 Adventureland NW Dr
SHOPPING CENTER, STRIP CENTER

160 Adventureland NW Dr, Altoona, IA 50009-4231

Estimated value:
$2,310,000
25,979 sqft 3.44 AC lot
View details
3418 8th SW St
SHOPPING CENTER, STRIP CENTER

3418 8th SW St, Altoona, IA 50009-1030

Estimated value:
$1,045,000
10,005 sqft 1.28 AC lot
View details
501 8th SE St
SHOPPING CENTER, STRIP CENTER

501 8th SE St, Altoona, IA 50009-1903

Estimated value:
$1,425,000
17,280 sqft 1.57 AC lot
View details
3770 8th SW St
SHOPPING CENTER, STRIP CENTER

3770 8th SW St, Altoona, IA 50009-1048

Estimated value:
$1,640,000
16,500 sqft 2.40 AC lot
View details
307 8th SW St
SHOPPING CENTER, STRIP CENTER

307 8th SW St, Altoona, IA 50009-1615

Estimated value:
$255,000
6,800 sqft 0.69 AC lot
View details
550 36th SW Ave
SHOPPING CENTER, STRIP CENTER

550 36th SW Ave, Altoona, IA 50009-2626

Estimated value:
$3,085,000
34,165 sqft 6.15 AC lot
View details

Altoona, IA Strip Malls Market Trends and Statistics

Explore 20 strip malls for sale in Altoona, IA on our real estate platform. These investment opportunities span a total of 6,320 square feet of properties for sale, with an estimated market value of $2,800,000.

Sale prices for retail strips in Altoona, IA average $1,400,000 — 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

Automotive properties 2
Shopping centers 2
Auto shops 1
Gas stations 1
Grocery and convenience stores 1

Demographics Overview

Population 22K
Population Growth (5Y) +12.4%
Median Household Income $90,393
College Educated 41.8%

High-Yield Neighborhoods for Investment

Identify Altoona submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50009 $1.4M

Taxes & Financing

Tax Rate (average for all types) 1.08%
Property Tax per SF $36.39 per SF
Tax Rate vs County Average 1.34 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

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