1105 Mamie Eisenhower Ave Boone, IA 50036-3918
This exceptional commercial property at 1105 W Mamie Eisenhower Avenue in Boone, Iowa, presents a unique opportunity to acquire a thriving, established business alongside its building. The 2,052 square foot building sits on a 0.15-acre lot and is currently operating as a successful ice cream parlor featuring a wide selection of throwback candies and novelty items. The sale includes all existing fixtures and equipment, creating a truly turnkey operation. This includes shelving, displays, coolers, serving freezers, tables, chairs, and a point-of-sale system, minimizing the upfront investment for the new owner. The property boasts a fully equipped kitchen area, ample indoor and outdoor seating for customers, and a substantial 500+ square foot storage/warehouse area for efficient inventory management. The business operates seasonally, opening in May and closing in late October. The current owner is offering a three-month transition period to ensure a smooth handover and will also assist the new owner in establishing reliable product sourcing. Priced at $185,000, this represents a rare chance to own a well-established, profitable business in a desirable location, ready for immediate operation. The property's prime location and loyal customer base make it an attractive investment with significant growth potential.
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Big Kahunas (Ice cream and Vintage Candy) Grocery & Convenience Store Specialty Food Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
INC · Boone, IABoone. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.