About This Home
This 0-bedroom, 0-bathroom commercial at 1914 E Hwy 18 in Algona, IA is listed for $895,000. Built in 2003, on a N/A lot.
Key Features
- Built in 2003
Property Details
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 custom
ers - 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.
Monthly Cost Estimate
$4,787/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1914 E Hwy 18
Algona, IA 50511
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1914 E Hwy 18 is listed at $895,000. The estimated monthly payment is $4,787 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2003.
This property is listed by Pamela Yegge and can be reached at 6415903471.