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Medical Office Space
For Sale
$40,000
Pending

720 Story Street, Boone, IA 50036

The layout includes a reception area, two additional rooms, and a half-bath.

Property Size2,750 SF
Days on Market48

Property Features for 720 Story Street

General Information

Standard status Pending
Size 2,750 SF
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence Roof may need some attention

Additional Details

Road Access Yes

Building Details

Buildings 1
Listing Agency: Nerem & Assoc.,
Listed By: Eldon Hutcheson · License #S30181
Source: Prometrorealty
Added: Sep 16 Changed: Nov 1 Last Checked: Nov 1 at 1:45AM

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 & Assoc.,

Rey
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Investment Insights

Based on property information with market context.

This medical office property has a reception area with serviceable floor coverings and a front counter that may remain. Inside are a middle room, a larger unfinished rear room, and a half-bath. The upper floor has a separate entrance from the street. The roof may require attention.

The property is on Story Street in downtown Boone, with restaurants and retail businesses in the surrounding area. It may be acquired with the adjoining building at 718 Story Street; a former interior connection between the two buildings could be reopened.

Key Highlights

  • Reception area with existing front counter
  • Two additional rooms, including a large unfinished rear room
  • Half‑bath

Property Analytics

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Current Use

Heart of Iowa Habitat ... Social Service Agency Boone Farmers Market Specialty Food Shop

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Similar Off Market Nearby

  • Helping Hands Veterinary Clinc — 107 Mamie Eisenhower Ave, Boone, IA 50036

Frequently Asked Questions

What type of property is this?
Medical Office Space - The layout includes a reception area, two additional rooms, and a half-bath.
Where is this medical office space located?
The property is located at 720 Story Street Boone, IA.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Reception area with existing front counter; Two additional rooms, including a large unfinished rear room; Half‑bath
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