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Flex Space with Warehouse
For Sale
$365,000

520 Marshall Street, Boone, IA 50036

Commercial Sale, Boone, IA

Property Size8,928 SF
Lot Size0.50 Acres
Price / SF$40.88
Days on Market40

Property Features for 520 Marshall Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions Mamie Eisenhower Ave to Marshall St-North on Marshall St to 520. East side of the street.
Subdivision 0006 - Boone
Standard status Active
APN 088426281182118
Size 8,928 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Description LOT 8 BLOCK 118 NE NE and LOT 9 BLOCK 118 NE NE
Tax Annual Amount 3466
Legal Description LOT 8 BLOCK 118 NE NE and LOT 9 BLOCK 118 NE NE

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1968
Floors in Building 1
Flooring type Carpet, Concrete
Building materials Concrete
Roof type Rubber
Listing Agency: Hunziker & Assoc.-Boone
Listed By: Brian Byriel · License #S10000
Added: Aug 6 Changed: Sep 12 Last Checked: Sep 14 at 1:06AM
MLS# 70943

Copyright © 2026 Central Iowa Board of Realtors, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8,928-square-foot flex property combines finished office space with a large open warehouse area. The interior includes an 18' x 62' office section, a 32' x 24' warehouse area, concrete and carpet flooring, forced-air natural gas heat, and central air conditioning. Two 10' x 9' overhead doors provide loading access, while a 30' x 30' canopy covers the building entrance. The property has a rubber roof with a warranty and was built in 1968.

Set on 0.5 acres at 520 Marshall Street in Boone, Iowa, the property includes off-street parking, alley access, public water, and public sewer. A circular driveway provides vehicle circulation. The commercial zoning and existing office-warehouse configuration support the retail, storage, and manufacturing uses identified for the property.

Key Highlights

  • 8,928‑square‑foot flex property on 0.5 acres
  • Two 10' x 9' overhead doors
  • 18' x 62' finished office area and 32' x 24' warehouse area

Property Analytics

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Current Use

A & M Services Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Parking Lot & Garage Electrical Service Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units

Location Intelligence

Trade Area within ½ mile

689
Businesses Nearby
Under-served
Demand for This Use

Demographics for 50036, IA

16,203
Population
7,416
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
96%
High-School Grad
191.7 sq mi
ZIP Area
85
Density / Sq Mi
$74,107
Median Household Income
$42,453
Median Earnings
$804
Median Rent
$172,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Hy-Vee Catering 1111 8th St, Boone, IA 50036

Frequently Asked Questions

What type of property is this?
Flex space - Commercially zoned flex space combines finished offices with open warehouse functionality.
Where is this flex space located?
The property is located at 520 Marshall Street Boone, IA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 8,928‑square‑foot flex property on 0.5 acres; Two 10' x 9' overhead doors; 18' x 62' finished office area and 32' x 24' warehouse area
More about this property
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