Boone, IA
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    Boone, IA Grocery And Convenience Stores for Sale

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    Ogden, IA Luther, IA Madrid, IA
    Commercial Building with Drive-Up Window
    $625,000
    2,010 SF
    Commercial Building with Drive-Up Window

    403 Story Street, Boone, IA 50036

    Commercial building suitable for retail, restaurant, or convenience store.
    • 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
    Updated: Mar 30
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    Former Pharmacy Building For Sale
    $625,000
    0.41 Acres
    Former Pharmacy Building For Sale

    403 Story Street, Boone, IA 50036

    High-exposure commercial building suitable for retail or restaurant use.
    • 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).
    Updated: Mar 31
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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 Active listings in Boone, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, 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.

    Freestanding Building in Grundy Center
    $651,724
    8,320 SF
    Freestanding Building in Grundy Center

    Freestanding 9,014 SF building occupied by Dollar General.

    1212 24th Street, Eldora, IA 50627

    View details
    Freestanding Retail Building in Iowa
    $540,000
    9,014 SF
    Freestanding Retail Building in Iowa

    9,014 SF building on 1.09 acres, leased to Dollar General.

    410 East High Street, Rockwell City, IA 50579

    View details
    Freestanding Building in Grundy Center
    $590,625
    8,320 SF
    Freestanding Building in Grundy Center

    Freestanding 9,014 SF building occupied by Dollar General.

    1212 24th St, Eldora, IA 50627

    View details
    Freestanding Building in Rockwell City
    $540,000
    9,014 SF
    Freestanding Building in Rockwell City

    9,014 SF building on 1.09 acres in Rockwell City.

    410 E High St, Rockwell City, IA 50579

    View details

    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.

    Clive Land for Sale
    $840,000
    1.38 Acres
    Clive Land for Sale

    Two commercial pad sites available in Clive, Iowa.

    156th & Hickman |, Clive, IA 50325

    View details
    Residential Land in Conrad, Iowa
    $40,000
    0.32 Acres
    Residential Land in Conrad, Iowa

    Residential land for sale in Conrad, near community amenities.

    509 N Vernon Street lot: 12, Conrad, IA 50621

    View details
    Grinnell Development Land For Sale
    $802,593
    3.35 Acres
    Grinnell Development Land For Sale

    Prime commercial land with high visibility and traffic volume.

    500 Lang Creek Avenue, Grinnell, IA 50112

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    Commercial Land in Growing Corridor
    $395,000
    2.26 Acres
    Commercial Land in Growing Corridor

    2.26-acre commercial lot in high-traffic area with utilities in place.

    3230 N Center Point Road lot: 3, Robins, IA 52328

    View details

    Off-Market Properties in Boone, IA

    Consider similar Off-Market properties in Boone, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1704 Story St
    CONVENIENCE STORE
    5,803 SF Lot: 0.90 Acres
    Value Estimation by Request

    1704 Story St, Boone, IA 50036-5227

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    1303 Marshall St
    CONVENIENCE STORE
    4,260 SF Lot: 0.91 Acres
    Value Estimation by Request

    1303 Marshall St, Boone, IA 50036-7519

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    1105 Mamie Eisenhower Ave
    CONVENIENCE STORE
    2,052 SF Lot: 0.15 Acres
    Value Estimation by Request

    1105 Mamie Eisenhower Ave, Boone, IA 50036-3918

    View details
    315 Story St
    CONVENIENCE STORE
    2,680 SF Lot: 0.25 Acres
    Value Estimation by Request

    315 Story St, Boone, IA 50036-3531

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    1127 Story St
    CONVENIENCE STORE
    3,384 SF Lot: 0.50 Acres
    Value Estimation by Request

    1127 Story St, Boone, IA 50036-2223

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    114 Mamie Eisenhower Ave
    CONVENIENCE STORE
    2,952 SF Lot: 1.05 Acres
    Value Estimation by Request

    114 Mamie Eisenhower Ave, Boone, IA 50036-3424

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    1735 Mamie Eisenhower Ave
    CONVENIENCE STORE
    2,400 SF Lot: 0.23 Acres
    Value Estimation by Request

    1735 Mamie Eisenhower Ave, Boone, IA 50036-4404

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    722 Mamie Eisenhower Ave
    CONVENIENCE STORE
    2,080 SF Lot: 0.22 Acres
    Value Estimation by Request

    722 Mamie Eisenhower Ave, Boone, IA 50036-4007

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    320 Mamie Eisenhower Ave
    CONVENIENCE STORE
    3,402 SF Lot: 0.34 Acres
    Value Estimation by Request

    320 Mamie Eisenhower Ave, Boone, IA 50036-4024

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    1711 Hawkeye Dr
    GROCERY, SUPERMARKET
    28,493 SF Lot: 3.83 Acres
    Estimated value
    $1,375,000

    1711 Hawkeye Dr, Boone, IA 50036-7609

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    1111 8th St
    GROCERY, SUPERMARKET
    39,407 SF Lot: 6.25 Acres
    Estimated value
    $1,645,000

    1111 8th St, Boone, IA 50036-2925

    View details

    Boone, IA Grocery And Convenience Stores Investment Opportunities Market Analysis

    Explore 13 grocery and convenience 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 supermarkets 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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