1914 E Hwy 18Algona, IA 50511

Commercial
$895,000 Active

1914 E Hwy 18 Overview

Time on Site:
22 hours
Visits:
4

Exceptional income-producing commercial plaza offering a rare investment opportunity with strong cash flow and long-term growth potential. This well-maintained property is currently operating near full occupancy, with 8 established tenant spaces leased under varying lease terms, providing immediate and diversified rental income. The plaza features a strong tenant mix and consistent occupancy history, making it an attractive addition to any investment portfolio. In addition to the occupied units, 3 smaller commercial suites are currently available for lease, presenting an excellent opportunity for increased revenue and future value enhancement. Property Highlights: • High-occupancy commercial investment property • 8 leased units generating steady income • 3 available suites offering upside potential • Diverse tenant base with staggered lease expirations • Strong rental history and established business location • Excellent visibility and accessibility • Ample parking for tenants and customers • Attractive return on investment with future income growth opportunities Whether you’re seeking a stable cash-flowing asset or a property with additional leasing upside, this commercial plaza delivers both immediate returns and long-term investment potential. Contact us today for financial information, lease details, and a private tour.

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1914 E Hwy 18 Facts & Features

  • Type Commercial

Details

General

Listing Information

  • Contingency: None

Building Information

  • Year Built: 2003

Business Information

  • Current Use: Beauty/Barber Shop,Business,Commercial,Office,Retail

Location/Region

  • County Or Parish: Kossuth
  • Postal City: Algona

Tax Information

  • Tax Annual Amount: 27817
  • Tax Year: 2026

General Information

  • Parcel Number: 22-01-207-003
  • Possible Use: Office,Retail,Other
  • Property Type: Commercial Sale

Interior

Parking Information

  • Garage Spaces: 0

General Information

  • Accessibility Features: No Stairs Internal
  • Heating: Forced Air
  • Living Area Units: Square Feet

Exterior

Parking Information

  • Open Parking Spaces: 0
  • Parking Features: Concrete,Additional Parking

Lot Information

  • Lot Size Dimensions: 51000
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Retail
  • Construction Materials: Brick

General Information

  • Number Of Units Total: 8
  • Sewer: City Sewer/Connected
  • Utilities: Electric Common,Heating Common,Hot Water Common

1914 E Hwy 18 Neighborhood

Community

50511 (Algona) Demographics

48
Median Age
55
Population Density (per sq. mile)
36%
College Educated
$52,625
Estimated Median Income
2,162
Estimated Total Home Owners
1,055
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1914 E Hwy 18 Monthly Cost

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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1914 E Hwy 18 Market Data

Based on the last 30 days in this zip code

$309,297
Average List Price
$159
Average Price per Square Foot
7
Properties Sold
139
Average Days on Market
43
Properties for Sale
Calculations provided by Reliance Network

1914 E Hwy 18 History

Date Event Value Agent
6/29/2026Source: NoCoast MLS Added to Database
June 29, 2026
Listing provided courtesy of EXIT Realty Home/Land PropertiesNoCoast MLS- MLS# 6339808MLS Provider