# 1914 E Hwy 18, Algona, IA 50511 > **TL;DR:** commercial, $895,000, built 2003. Est. $4,787/mo. Listed 77 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $895,000 | | Year Built | 2003 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 77 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,526 | | Estimated Insurance | $261 | | **Total** | **$4,787** | ## Property Highlights - Built in 2003 ## Description ### Agent 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 - **Address:** 1914 E Hwy 18, Algona, IA 50511 - **County:** Kossuth - **Coordinates:** 43.0726, -94.2198 - **Google Maps:** https://www.google.com/maps?q=43.0726,-94.2198 ## Listing Agent - **Name:** Pamela Yegge - **Brokerage:** EXIT Realty Home/Land Properties - **Phone:** 6415903471 - **Broker Phone:** 515-295-7577 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/NCMLSIA/6339808/?channel=propsimple) ## Photos ![1914 E Hwy 18 - Photo 1](http://lh.rdcpix.com/871c703cbd25c8185ac4bb64883bb8b4l-f1940249269r.jpg) ![1914 E Hwy 18 - Photo 2](http://lh.rdcpix.com/871c703cbd25c8185ac4bb64883bb8b4l-f2467299634r.jpg) ![1914 E Hwy 18 - Photo 3](http://lh.rdcpix.com/871c703cbd25c8185ac4bb64883bb8b4l-f1854906760r.jpg) ![1914 E Hwy 18 - Photo 4](http://lh.rdcpix.com/871c703cbd25c8185ac4bb64883bb8b4l-f4267349568r.jpg) ![1914 E Hwy 18 - Photo 5](http://lh.rdcpix.com/871c703cbd25c8185ac4bb64883bb8b4l-f4157436190r.jpg) --- **MLS#:** 6339808 | **Updated:** 2026-07-01 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/1914-e-hwy-18-algona-ia-50511-6339808) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1914-e-hwy-18-algona-ia-50511-6339808#listing", "url": "https://www.propertysimple.ai/listing/1914-e-hwy-18-algona-ia-50511-6339808", "name": "1914 E Hwy 18, Algona, IA 50511", "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. 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