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403 Story St Boone, IA 50036

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For Sale
$600,000

High-value commercial property with current lease.

Property size:
2,010 SF

Property Features for 403 Story St

General Information

Property type
Other commercial real estate
Square Feet
2,010 SF
Lot Size
17,860 SF

Building Details

Year Built
1997

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Listing Contact
Stephen Bock

Listing Agency: RE/MAX REC Listing Agent: Stephen Bock

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 2,010 square foot commercial building, located at 403 Story Street in Boone, Iowa, presents a compelling investment opportunity. Situated on a 0.41-acre lot, the property boasts a recently completed appraisal valuing it at $625,000, exceeding the asking price of $600,000. The property is currently under lease, providing a steady stream of income, with the lease extending until February 1st, 2027. This presents a strong return on investment for a discerning buyer. The building's versatile space is ideal for a variety of commercial uses, making it an attractive prospect for both established businesses and new ventures. Its prime location in Boone, Iowa offers excellent visibility and accessibility, further enhancing its investment potential. The property's strong financial performance, coupled with its desirable location and current lease, makes it a rare find in the Boone commercial real estate market. Serious inquiries are encouraged to explore this lucrative opportunity. The property is ready for immediate ownership and offers a secure investment with a guaranteed income stream for the foreseeable future. Don't miss this chance to acquire a high-value commercial property in a thriving Iowa community.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Medicap Pharmacy Pharmacy

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Boone
County
Boone
State
Iowa
Longitude
-93.88042
Latitude
42.05996

FAQs

What type of property is this?
Commercial real estate - High-value commercial property with current lease.
Where is this commercial real estate located?
The property is located at 403 Story St Boone, IA.
What is the asking price?
The asking price for this property is $600,000.
More about this property
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