116 N Moore Street

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116 N Moore Street

Algona, IA 50511
Asking Price
$115K
Asset Type
Grocery Store Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail grocery store facility located in Algona, Iowa.
  • Property is situated at 116 N Moore Street.
  • Total asking price for the asset is $115,000.
  • Strategic location within a central North Iowa community.
  • Suitable for ongoing retail business or grocery operations.

What's Special

This retail grocery store property is located at 116 N Moore Street in Algona, IA. Algona serves as a central hub for the surrounding rural economy in Kossuth County, providing consistent access to local commerce. The facility is positioned within a established commercial corridor, making it a functional site for community-focused business operations. Investors or business owners looking for a foothold in the North Iowa region may find this asset suitable for various retail ventures or continued service as a grocery outlet. The straightforward layout supports efficient inventory management and customer navigation. With a competitive entry price point of $115,000, this property represents a practical acquisition for those seeking a modest retail footprint in a stable market environment.

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NOI
$80,000
Cap Rate
69.57%
DSCR
11.72
Strong
Cash-on-Cash
212.09%
Monthly Payment
$568.957
Annual Cash Flow
$73,172.513

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