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1914 E Highway 18 , Algona, IA 50511

$895,000

2003
year built

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.

Highlights

  • Commercial Sale
  • Built in 2003
  • 132 days on Market

  • Year Built
    2003
  • Architectural Style
    Retail
  • Construction Materials
    Brick
  • Parking Features
    Concrete, Additional Parking
  • Heating
    Forced Air, Hot Water

  • Utilities
    Electricity Connected
  • Water
    Public

  • County
    Kossuth
  • City
    Algona
  • Zip Code
    50511

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Frequently Asked Questions

How do I schedule a tour of 1914 E Highway 18?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1914 E Highway 18.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1914 E Highway 18?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $895,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Algona, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1914 E Highway 18?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 1914 E Highway 18 at around $7,171. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1914 E Highway 18?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Kossuth County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1914 E Highway 18?

In most cases, yes. Whether 1914 E Highway 18 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Algona's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1914 E Highway 18?

We can handle that for you. Our preferred local agent specializes in commercial sales in Algona and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

1914 E Highway 18 was listed on June 29, 2026, which means it's been on the market for 132 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2003, making it approximately 23 years old.

What are the property taxes for 1914 E Highway 18?

The most recent public record shows annual property taxes for 1914 E Highway 18 were approximately $27,817. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1914 E Highway 18 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, NoCoast MLS. All rights reserved.

Last Updated: November 08, 2026 at 01:48AM | Source: NoCoast MLS | MLS#: 6339808