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Storefront with Drive-Up Window
For Sale
$625,000

403 Story Street, Boone, IA 50036

SINGLE_FAMILY - Boone, IA

Property SizeContact for details
Lot Size0.41 Acres
Days on Market137

Property Features for 403 Story Street

General Information

Property type Residential
Property subtype Retail
Zoning COM
Lot features Rectangular Lot
Elementary school district Boone
Middle school district Boone
High school district Boone
Directions from Hwy 30, turn north onto Story St., building is on corner of 4th/Mamie Eisenhower and Story St
Subdivision Boone
Standard status Active
APN 088426281382012
Lot size 0.41 Acres

Taxes and HOA fees

Tax Description LOT 4 & E 120' LOT 5 BLK 125 SW NE
Tax Annual Amount 6165
Legal Description LOT 4 & E 120' LOT 5 BLK 125 SW NE

Utilities

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

Amenities

electronic sign

Building Details

Year built 1997
Flooring type Vinyl, Tile, Carpet
Roof type Asphalt, Shingle
Architectural style Other
Listing Agency: Keller Williams Ankeny Metro · Keller Williams Realty
Listed By: Abby Hausmann-Virgil
Added: Mar 31 Changed: Aug 5 Last Checked: Aug 14 at 7:06AM
MLS# 737312

Copyright © 2026 Des Moines Area Association 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.

Former Medicap Pharmacy storefront at 403 Story Street in Boone, IA, with a layout that includes offices with a retail counter. The north side of the building features a drive-up window and the property also has an electronic sign. Interior finishes include carpet, vinyl, and tile. The building has central air, forced-air natural gas heat, and a shingle asphalt roof. Public water and public sewer service are available.

The property includes a large parking lot and is offered for sale or lease, with an option to lease and purchase in March 2027. A new sewer line was installed in February 2025. Seller is willing to consider a contract sale with closing in March 2027 or after.

Zoning is COM, supporting flexible retail and convenience-oriented use, including restaurant or convenience store concepts referenced for the building.

Key Highlights

  • COM zoning storefront with offices and a retail counter
  • North‑side drive‑up window plus electronic sign
  • Large parking lot for customer access

Property Analytics

Current Use

Medicap Pharmacy Pharmacy

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Electrical Service Law Firm Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

647
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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Former Medicap Pharmacy storefront in COM zoning with central air, a large parking lot, and a north-side drive-up window.
Where is this storefront property located?
The property is located at 403 Story Street Boone, IA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: COM zoning storefront with offices and a retail counter; North‑side drive‑up window plus electronic sign; Large parking lot for customer access
More about this property
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