Grocery Store

Boone, IA Grocery And Convenience Stores for Sale

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Retail Building with Drive-Up Window
Updated: Mar 30
Retail Building with Drive-Up Window

403 Story Street, Boone, IA 50036

$625,000
2,010 sqft 0.41 AC lot
Former Medicap Pharmacy building built in 1997 with steel frame construction
Large parking lot plus electronic sign and drive‑up window on the north side of the building
Busiest street in town exposure with office area and retail counter layout
Utilities: public water and public sewer
New sewer line installed in February 2025
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Retail Building with Drive-Up Window
Updated: Mar 31
Retail Building with Drive-Up Window

403 Story Street, Boone, IA 50036

$625,000
0.41 AC lot
Former Medicap Pharmacy building with electronic sign, drive‑up window, and large parking lot
Layout includes offices plus a retail counter
New sewer line installed in February 2025
Heating: forced air with natural gas; cooling: central air
Flooring includes tile, carpet, and vinyl
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Drive-Up Retail Building
Drive-Up Retail Building

403 Story Street, Boone, IA 50036

Contact for pricing
2,010 sqft

Former pharmacy building with a drive-up window, electronic sign, and large parking lot, plus new sewer line (Feb. 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 22 Potential Opportunities for your consideration. Besides 3 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.

Gas Station with Hot Food
Gas Station with Hot Food

210 N HIGHWAY STREET, Otho, IA 50569

$250,000
0.41 AC lot

Turn-key gas station includes fuel pumps, a convenience store setup, and a fully equipped hot food area.

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West Des Moines Fueling Station
West Des Moines Fueling Station

9150 SE University Ave, West Des Moines, IA 50266

Contact for pricing
6,674 sqft

Fueling station with convenience store, long-term corporate lease.

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Equipped Commercial Space For Sale
Equipped Commercial Space For Sale

402 Main Street, Colo, IA 50056

$67,900
0.09 AC lot

Turnkey commercial space with recent upgrades, ready for your vision.

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Fully Developed Industrial Lots
Fully Developed Industrial Lots

1510 W. Walnut Street, Elkhart, IA 50073

Contact for pricing

Heavy industrial zoning with outside storage permitted, with only five fully developed lots remaining in Plat 3.

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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.

Clive Land for Sale
Clive Land for Sale

156th & Hickman |, Clive, IA 50325

$840,000
1.38 AC lot

Two commercial pad sites available in Clive, Iowa.

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Residential Land in Conrad, Iowa
Residential Land in Conrad, Iowa

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

$40,000
0.32 AC lot

Residential land for sale in Conrad, near community amenities.

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Grinnell Development Land For Sale
Grinnell Development Land For Sale

500 Lang Creek Avenue, Grinnell, IA 50112

$802,593
3.35 AC lot

Prime commercial land with high visibility and traffic volume.

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Hiawatha Commercial Land For Sale
Hiawatha Commercial Land For Sale

Tower Terrace Rd lot: 5, Hiawatha, IA 52233

$378,972
1.45 AC lot

1.45 acre commercial lot near I-380 in Hiawatha, Iowa.

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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

1704 Story St, Boone, IA 50036-5227

Value Estimation by Request
5,803 sqft 0.90 AC lot
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1303 Marshall St
CONVENIENCE STORE

1303 Marshall St, Boone, IA 50036-7519

Value Estimation by Request
4,260 sqft 0.91 AC lot
View details
1105 Mamie Eisenhower Ave
CONVENIENCE STORE

1105 Mamie Eisenhower Ave, Boone, IA 50036-3918

Value Estimation by Request
2,052 sqft 0.15 AC lot
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315 Story St
CONVENIENCE STORE

315 Story St, Boone, IA 50036-3531

Value Estimation by Request
2,680 sqft 0.25 AC lot
View details
1127 Story St
CONVENIENCE STORE

1127 Story St, Boone, IA 50036-2223

Value Estimation by Request
3,384 sqft 0.50 AC lot
View details
114 Mamie Eisenhower Ave
CONVENIENCE STORE

114 Mamie Eisenhower Ave, Boone, IA 50036-3424

Value Estimation by Request
2,952 sqft 1.05 AC lot
View details
1735 Mamie Eisenhower Ave
CONVENIENCE STORE

1735 Mamie Eisenhower Ave, Boone, IA 50036-4404

Value Estimation by Request
2,400 sqft 0.23 AC lot
View details
722 Mamie Eisenhower Ave
CONVENIENCE STORE

722 Mamie Eisenhower Ave, Boone, IA 50036-4007

Value Estimation by Request
2,080 sqft 0.22 AC lot
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320 Mamie Eisenhower Ave
CONVENIENCE STORE

320 Mamie Eisenhower Ave, Boone, IA 50036-4024

Value Estimation by Request
3,402 sqft 0.34 AC lot
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1711 Hawkeye Dr
GROCERY, SUPERMARKET

1711 Hawkeye Dr, Boone, IA 50036-7609

$1,375,000
Estimated value
28,493 sqft 3.83 AC lot
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1111 8th St
GROCERY, SUPERMARKET

1111 8th St, Boone, IA 50036-2925

$1,645,000
Estimated value
39,407 sqft 6.25 AC lot
View details

Boone, IA Grocery And Convenience Stores Market Trends and Statistics

Explore 14 grocery and convenience stores for sale in Boone, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,020 square feet of properties for sale, with an estimated market value of $1,250,000.

Sale prices for supermarkets in Boone, IA average $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
Auto shops 1
Automotive properties 1
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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