1914 E Hwy 18

Algona, IA 50511

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.

Listing courtesy of EXIT Realty Home/Land Properties



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Data last updated at: 2026-10-05 01:11 AM UTC