Drug Store

Boone, IA Drug Stores for Sale

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Ogden, IA Pilot Mound, IA Luther, IA
Commercial Building with Drive-Up Window
Updated: Mar 30
Commercial Building with Drive-Up Window

403 Story Street, Boone, IA 50036

$625,000
2,010 sqft · 0.41 AC lot
Former Medicap Pharmacy building with office area and retail counter layout
Located on the busiest street in town with a large parking lot, electronic sign, and north‑side drive‑up window
Steel frame construction; built in 1997
Utilities: public water and public sewer (new sewer line installed in February 2025)
Roof type: rubber; HVAC includes central air with forced‑air natural gas heating
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Former Pharmacy Building For Sale
Updated: Mar 31
Former Pharmacy Building For Sale

403 Story Street, Boone, IA 50036

$625,000
0.41 AC lot
High‑exposure location on the busiest street in town.
Large parking lot.
Drive‑up window.
Suitable for restaurant or convenience store.
New sewer line (February 2025).
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Boone, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Walgreens NNN Lease Opportunity
Walgreens NNN Lease Opportunity

555 19th Ave, Moline, IL

$4,000,000
14,392 sqft · 1.69 AC lot

NNN leased Walgreens with over 8 years remaining on primary term.

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Retail Portfolio with NNN Leases
Retail Portfolio with NNN Leases

2527 Easton Boulevard, Des Moines, IA 50317

$9,031,215

Portfolio of 12 retail properties with stable cash flow.

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Retail Property in Des Moines
Retail Property in Des Moines

6200 Southeast 14th Street, Des Moines, IA 50320

$3,150,000
14,560 sqft

Single-tenant retail property operating as a Walgreens.

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Moline Walgreens with NNN Lease
Moline Walgreens with NNN Lease

3601 16th St, Moline, IL

$4,084,000
15,120 sqft · 1.70 AC lot

Walgreens NNN lease with 11+ years remaining in Moline.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land in Peculiar, MO
Commercial Land in Peculiar, MO

W 1st Street, Peculiar, MO 64078

$750,000
3.08 AC lot

Prime commercial land in Peculiar, ideal for various businesses.

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Utica, IL Commercial Land
Utica, IL Commercial Land

2959 N Illinois 178 E 8th Road, Utica, IL 61373

$975,000
1.49 AC lot

Commercial land available in Utica, Illinois.

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Outlots Near Home Depot
Outlots Near Home Depot

1500 S. 24th Street S |, Wisconsin Rapids, WI 54494

Contact for pricing

Two outlots for sale with great access and visibility.

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Improved Development Site For Sale
Improved Development Site For Sale

5401 Business Highway 51 |, Weston, WI 54476

$800,000

Commercial land for sale with utilities at lot line.

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Boone, IA Drug Stores Market Trends and Statistics

Explore 2 drug stores for sale in Boone, IA on our real estate platform. These investment opportunities span a total of 2,010 square feet of properties for sale, with an estimated market value of $625,000.

Sale prices for pharmacies in Boone, IA start at $625,000, averaging $625,000, and reaching up to $625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Grocery and convenience stores 3
Drug stores 2
Storefront properties 1

Demographics Overview

Population 16K
Population Growth (5Y) -0.8%
Median Household Income $74,107
College Educated 9.2%

High-Yield Neighborhoods for Investment

Identify Boone submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50036 $625K

Taxes & Financing

Tax Rate (average for all types) 2.32%
Property Tax per SF $27.84 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Boone County

New Delisted

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