Freestanding Drug Store
For Sale
$590,000
403 Story Street, Boone, IA 50036
Commercial Sale, Boone, IA
Property Size2,010 SF
Lot Size0.41 Acres
Price / SF$293.53
Days on Market159
Property Features for 403 Story Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Directions
from Hwy 30, turn north onto Story St., building is on corner of 4th/Mamie Eisenhower and Story St
Subdivision
0006 - Boone
Standard status
Active
APN
088426281382012
Size
2,010 SF
Lot size
0.41 Acres
Taxes and HOA fees
Tax Description
LOT 4 & E 120' LOT 5 BLK 125 SW NE
Tax Annual Amount
2165
Legal Description
LOT 4 & E 120' LOT 5 BLK 125 SW NE
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
large parking lot
electronic sign
new sewer line
Building Details
Year built
1997
Floors in Building
1
Flooring type
Carpet, Tile, Vinyl
Building materials
Steel Frame
Roof type
Rubber
Listing Agency:
Keller Williams- Ankeny Metro
Listed By:
Abby Hausmann-Virgil · License #S64723
(515) 965-9100
Added: Mar 30
Changed: Sep 4
Last Checked: Sep 4 at 1:06PM
MLS# 69765
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.
The 2,010-square-foot freestanding building was constructed in 1997 with a steel frame, rubber roof, central air, and forced-air natural gas heating. Interior finishes include tile, carpet, and vinyl flooring. The existing configuration features offices and a retail counter, while the north side includes a drive-up window. An electronic sign and a large parking area are also part of the property.
Situated on 0.41 acres in Boone, the property is located on Story Street and served by public water and public sewer. A new sewer line was installed in February 2025. Commercial zoning supports the property's current retail-oriented profile, and the building is offered for sale or lease with a lease-to-purchase option structured for March 2027.
Situated on 0.41 acres in Boone, the property is located on Story Street and served by public water and public sewer. A new sewer line was installed in February 2025. Commercial zoning supports the property's current retail-oriented profile, and the building is offered for sale or lease with a lease-to-purchase option structured for March 2027.
Key Highlights
- 2,010‑square‑foot building on 0.41 acres
- North‑side drive‑up window and electronic sign
- Large parking lot serving the freestanding building
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drug store - Former pharmacy facility with a drive-up window, electronic sign, substantial parking, and a flexible interior layout.
Where is this drug store located?
The property is located at 403 Story Street Boone, IA.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: 2,010‑square‑foot building on 0.41 acres; North‑side drive‑up window and electronic sign; Large parking lot serving the freestanding building
