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Mixed-Use Building with Apartments
New
For Sale
$85,000

718 Story St, Boone, IA 50036

Two-level property combines office space with two one-bedroom apartments and separate upper-floor access.

Property Size2,750 SF
Price / SF$30.91
Days on Market7

Property Features for 718 Story St

General Information

Standard status Active
Size 2,750 SF
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence will need some work

Additional Details

Office Units 5

Building Details

Buildings 1
Listing Agency: Nerem & Associates
Listed By: Eldon L. Hutcheson · License #S30181
Source: Centraliowahomesearch
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 21 at 7:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nerem & Associates

Investment Insights

Based on property information with market context.

This 2,750-square-foot mixed-use building includes a street-level office layout with a front reception area, five smaller offices, two half-baths, and plumbing connections in both front and rear areas. Existing floor coverings and a front service counter are also in place.

The upper floor has its own private street entrance and contains two one-bedroom apartments. Both residential units require work before occupancy. The property is in downtown Boone, with restaurants and retail businesses in the surrounding area. The building next door at 720 Story Street may also be purchased, and a former shared interior connection could be reopened.

Key Highlights

  • 2,750‑square‑foot mixed‑use building
  • Five‑office layout with reception area and two half‑baths
  • Two one‑bedroom apartments on the upper floor

Property Analytics

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Current Use

McFarland Eye Center Eye Care Center Macy Dieleman, OD Physician Hanna Kim, OD, ... Physician Nicolas George Hamouche Ophthalmologist

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Parking Lot & Garage 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

5
Office units

Location Intelligence

Trade Area within ½ mile

701
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Mixed-use property - Two-level property combines office space with two one-bedroom apartments and separate upper-floor access.
Where is this mixed-use property located?
The property is located at 718 Story St Boone, IA.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: 2,750‑square‑foot mixed‑use building; Five‑office layout with reception area and two half‑baths; Two one‑bedroom apartments on the upper floor
More about this property
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