1914 E Hwy 18 Algona, IA 50511

Price
$895,000
Listed On
Type
For Sale
Status
Active
1914 E Hwy 18, Algona, IA 50511
1914 E Hwy 18, Algona, IA 50511
1914 E Hwy 18, Algona, IA 50511
1914 E Hwy 18, Algona, IA 50511
1914 E Hwy 18, Algona, IA 50511
Asking  $895,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Commercial Sale
Property Subtype
Other
MLS Number
6339808
Parcel Number
22-01-207-003
Property Sqft
Lot Size
Year Built
2003
Year Updated
Bedrooms
0
Bathrooms
0
Full Bathrooms
0
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
-
Price Low
-
Room Count
-
Building Unit Count
8
Condo Floor Number
-
Number of Buildings
-
Number of Floors
0
Parking Spaces
0
Location Directions
GPS
Legal Description
BLK 11 EX N 17' & W 16' OF CLARKE ST FROM N LINE OF MOUND ST TO S LINE OF HWY ROW EX S 62' CALLS ADD
Franchise Affiliation
None
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

Description

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.

More Details

MLS Name
NoCoast MLS
Source
ListHub
MLS Number
6339808
MLS ID
NCMLSIA
Virtual Tour
PARTICIPANT
Name
Pamela Yegge
Primary Phone
(641) 590-3471
Key
3YD-NCMLSIA-224365
Email
pam@exithomeland.com
BROKER
Name
EXIT Realty Home/Land Properties
Phone
(515) 295-7577
OFFICE
Name
EXIT Realty Home/Land Properties
Phone
(515) 295-7577
Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Architectural Style
Other
Other
Construction Materials
Brick
Brick
Heating
Forced Air
Forced Air

History

DateEventPrice$/SqftSource
Listed For Sale
Commercial
$895,000EXIT Realty Home/Land Properties
Report issue with price history

Taxes

YearAnnual AmountDescription
2026$27,817BLK 11 EX N 17' & W 16' OF CLARKE ST FROM N LINE OF MOUND ST TO S LINE OF HWY ROW EX S 62' CALLS ADD

Nearby Schools

Elementary School

Bertha Godfrey Elementary School

0.9 miles awayPK - 01

Elementary School

Lucia Wallace Elementary School

1.4 miles away04 - 05

Middle School

Otto B Laing Middle School

1.4 miles away06 - 08
Show more
Get more info on 1914 E Hwy 18, Algona, IA 50511
Profile
Pamela Yegge
Listing Agent
(641) 590-3471
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Pamela Yegge
Listing Agent
(641) 590-3471
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.