1914 E Hwy 18, Algona, IA 50511
1914 E Hwy 18, Algona, IA 50511
1914 E Hwy 18, Algona, IA 50511
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Listed by Pamela Yegge EXIT Realty Home/Land Properties
$895,000
Est. payment /mo
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID NOC6339808

Style Retail

Year Built 2003

Annual Tax Amount $27,817

Tax Year 2026

Lot Dimensions 51000

Property 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.

Location

State IA

County Kossuth

Direction GPS

Interior

Heating Forced Air

Exterior

Parking Features Concrete, Additional Parking

Utilities Available Electric Common, Heating Common, Hot Water Common

View Y/N true

Accessibility No Stairs Internal

Building

Sewer City Sewer/Connected

Water Public

Architectural Style Retail

Structure Type Brick

Schools

School District 126 - Algona

Others

Energy Description Natural Gas

Acceptable Financing NOC6339808

Listing Terms NOC6339808


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