Commercial Land in Luther,
2 Luther Street Luther, IA 50152
For Sale
$250,000
COMMERCIAL - Luther, IA
Lot Size0.54 Acres
Days on Market84
Property Features for 2 Luther Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C
Standard status
Active
APN
088326254485041& 088326254485040
Lot size
0.54 Acres
Taxes and HOA fees
Tax Description
MOYERS 1ST ADD LOTS 9 & 10 BLOCK 4 SE SE... Includes 2 lots 088326254485041 & 088326254485040
Tax Annual Amount
782
Listing Agency:
Hunziker & Assoc.-Ames
(515) 233-4450
Listed By:
Jim Horstman · License #S62423
(515) 233-4450
Added: May 6
Changed: May 29
Last Checked: Jul 28 at 5:06PM
MLS# 70093
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 commercial land is available for sale in Luther, Iowa, offering frontage on Highway 17. The property is located across the street from Whatcha Smokin BBQ Restaurant. According to the DOT, Highway 17 sees a daily vehicle traffic count of 5,300. The lot spans over 1/3 acre, specifically 0.36 acres or 23,550 square feet, as per the Boone County Assessor. Electric and water hookups are available on the lot. The property is currently leased by the restaurant as a parking lot through July 2027, generating a rental income of $2,000 per month. The tenant is responsible for maintaining the lot. The lot size is 0.5406 acres.
Key Highlights
- Leased through July 2027 for $2,000/month, providing immediate income
- Prime Hwy 17 frontage location in Luther, Iowa
- High traffic count: 5,300 vehicles daily on Hwy 17
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Prime commercial lot with highway frontage and existing lease.
Where is this commercial land located?
The property is located at 2 Luther Street Luther, IA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Leased through July 2027 for $2,000/month, providing immediate income; **Prime Hwy 17 frontage location in Luther, Iowa**; High traffic count: 5,300 vehicles daily on Hwy 17
