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Downtown Mixed-Use Quadplex
For Sale
$119,900

1026 8th Street, Boone, IA 50036

COMMERCIAL - Boone, IA

Property Size3,125 SF
Lot Size0.07 Acres
Price / SF$38.37
Days on Market92

Property Features for 1026 8th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial/mult
Subdivision 0006 - Boone
Standard status Active
APN 088426281182037
Size 3,125 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 1540

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Forced Air, Natural Gas
Cooling system Window Unit(s), Central Air
Water source Public

Building Details

Year built 1903
Floors in Building 2
Flooring type Carpet, Vinyl
Building materials Concrete
Roof type Flat
Listing Agency: RE/MAX Generations
Listed By: Emily Graeve · License #B42755
Added: Jun 2 Changed: Aug 4 Last Checked: Sep 1 at 12:06AM
MLS# 70344

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 downtown mixed-use quadplex includes four apartments, arranged as three units on the upper level and one main-floor unit. The main floor also features commercial space with two entry doors, and it could be divided into two separate spaces. One back main-floor apartment has its own exterior entrance and deck.

The property is located on 8th Street in Boone and sits across from Hy Vee. A parking area is provided at the rear of the building.

The asset is designed for combined residential and street-level commercial use within a single building footprint.

Key Highlights

  • 4‑unit building with 3 upstairs apartments and 1 main‑floor unit
  • Main‑floor commercial space with 2 entry doors; could be divided into 2 spaces
  • Back main‑floor unit includes its own exterior entrance and deck

Property Analytics

Current Use

Sound Shoppe Electronics & Wireless Store

Suggested Use

Top Pick Dental Office Parking Lot & Garage Real Estate Agency Electrical Service Grocery & Convenience Store Auto Parts 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit building with main-floor commercial space and three upper apartments, plus rear parking and separate exterior access for one unit.
Where is this quadplex located?
The property is located at 1026 8th Street Boone, IA.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 4‑unit building with 3 upstairs apartments and 1 main‑floor unit; Main‑floor commercial space with 2 entry doors; could be divided into 2 spaces; Back main‑floor unit includes its own exterior entrance and deck
More about this property
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