1914 E Hwy 18 Algona, IA 50511 • Commercial - Retail $895,000

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.

Property Highlights