Restaurants

Boone, IA Restaurants for Sale

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Ogden, IA Pilot Mound, IA Luther, IA
Commercial Building with Drive-Up Window
Updated: Mar 30
Commercial Building with Drive-Up Window

403 Story Street, Boone, IA 50036

$625,000
2,010 sqft · 0.41 AC lot
Former Medicap Pharmacy building with office area and retail counter layout
Located on the busiest street in town with a large parking lot, electronic sign, and north‑side drive‑up window
Steel frame construction; built in 1997
Utilities: public water and public sewer (new sewer line installed in February 2025)
Roof type: rubber; HVAC includes central air with forced‑air natural gas heating
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Former Pharmacy Building For Sale
Updated: Mar 31
Former Pharmacy Building For Sale

403 Story Street, Boone, IA 50036

$625,000
0.41 AC lot
High‑exposure location on the busiest street in town.
Large parking lot.
Drive‑up window.
Suitable for restaurant or convenience store.
New sewer line (February 2025).
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 2 Active listings in Boone, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Space on High-Traffic Corridor
Retail Space on High-Traffic Corridor

3800 100th St, Urbandale, IA

$1,995,000
4,928 sqft · 1.11 AC lot

Prime retail opportunity with excellent visibility in Urbandale, Iowa.

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Restaurant Ready for Immediate Occupancy
Restaurant Ready for Immediate Occupancy

4810 86th Street, Urbandale, IA 50322

Contact for pricing
4,968 sqft

Second-generation restaurant space in established Urbandale neighborhood.

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Ankeny Bar and Grill For Sale
Ankeny Bar and Grill For Sale

Business for Sale, Ankeny, IA

$950,000

Turn key bar and grill with excellent visibility.

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9 Acre Development Parcel Ankeny
9 Acre Development Parcel Ankeny

508 NW 36th St, Ankeny, IA 50023

Contact for pricing
9.00 AC lot

9 acre development parcel for mixed-use, office, retail, restaurant.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Near Highway 30
Commercial Land Near Highway 30

605 SE 16th St Lot 1, Ames, IA 50010

$695,000
2.73 AC lot

Commercial lots with potential for retail, office, or restaurant.

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Commercial Land Near Highway 30
Commercial Land Near Highway 30

701 SE 16th St Lot 2, Ames, IA 50010

$695,000
2.79 AC lot

Commercial lots with potential for retail, office, or restaurant.

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Commercial Land Near Highway 30
Commercial Land Near Highway 30

731 SE 16th St Lot 3, Ames, IA 50010

$695,000
2.79 AC lot

Commercial lots with potential for retail, office, or restaurant.

View details
Ames Commercial Land For Sale
Ames Commercial Land For Sale

1409 Meadowlark Ln Lot 4,5,& 6, Ames, IA 50010

$2,485,000
13.76 AC lot

Commercial lots with potential for retail, office, or restaurant.

View details

Off-Market Properties in Boone, IA

Consider similar Off-Market properties in Boone, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1102 Story St
RESTAURANT

1102 Story St, Boone, IA 50036-2222

Value Estimation by Request
1,205 sqft · 0.08 AC lot
View details
1608 Story St
RESTAURANT

1608 Story St, Boone, IA 50036-5225

Value Estimation by Request
2,362 sqft · 0.95 AC lot
View details
1514 Marshall St
RESTAURANT

1514 Marshall St, Boone, IA 50036-5311

Value Estimation by Request
3,488 sqft · 0.60 AC lot
View details
702 Allen St
BAR, TAVERN

702 Allen St, Boone, IA 50036-2929

Value Estimation by Request
2,500 sqft · 0.11 AC lot
View details
1304 Story St
DRIVE-THRU RESTAURANT, FAST FOOD

1304 Story St, Boone, IA 50036-5219

Value Estimation by Request
2,048 sqft · 0.72 AC lot
View details
1227 Story St
RESTAURANT

1227 Story St, Boone, IA 50036

$535,000
Estimated value
8,964 sqft · 0.72 AC lot
View details
1227 Marshall St
DRIVE-THRU RESTAURANT, FAST FOOD

1227 Marshall St, Boone, IA 50036-5306

Value Estimation by Request
7,039 sqft · 1.34 AC lot
View details
915 Mamie Eisenhower Ave
BAR, TAVERN

915 Mamie Eisenhower Ave, Boone, IA 50036-3915

Value Estimation by Request
1,824 sqft · 0.33 AC lot
View details
1703 Story St
RESTAURANT

1703 Story St, Boone, IA 50036-5228

Value Estimation by Request
4,903 sqft · 1.40 AC lot
View details
716 Story St
RESTAURANT

716 Story St, Boone, IA 50036-2834

Value Estimation by Request
4,250 sqft · 0.07 AC lot
View details
717 Story St
RESTAURANT

717 Story St, Boone, IA 50036-2836

Value Estimation by Request
5,000 sqft · 0.06 AC lot
View details
415 Story St
DRIVE-THRU RESTAURANT, FAST FOOD

415 Story St, Boone, IA 50036-3533

Value Estimation by Request
2,840 sqft · 0.50 AC lot
View details
1723 Mamie Eisenhower Ave
BAR, TAVERN

1723 Mamie Eisenhower Ave, Boone, IA 50036-4404

Value Estimation by Request
2,400 sqft · 0.20 AC lot
View details
1008 Story St
BAR, TAVERN

1008 Story St, Boone, IA 50036-2220

Value Estimation by Request
2,200 sqft · 0.05 AC lot
View details
605 Story St
RESTAURANT

605 Story St, Boone, IA 50036-2833

Value Estimation by Request
4,668 sqft · 0.25 AC lot
View details
422 Story St
DRIVE-THRU RESTAURANT, FAST FOOD

422 Story St, Boone, IA 50036-3532

Value Estimation by Request
1,716 sqft · 0.50 AC lot
View details
327 Story St
DRIVE-THRU RESTAURANT, FAST FOOD

327 Story St, Boone, IA 50036-3531

Value Estimation by Request
544 sqft · 0.50 AC lot
View details
1312 Story St
RESTAURANT

1312 Story St, Boone, IA 50036-5219

Value Estimation by Request
5,200 sqft · 0.66 AC lot
View details
804 Story St
RESTAURANT

804 Story St, Boone, IA 50036-2711

Value Estimation by Request
7,875 sqft · 0.06 AC lot
View details
709 Keeler St
BAR, TAVERN

709 Keeler St, Boone, IA 50036-2830

Value Estimation by Request
5,000 sqft · 0.06 AC lot
View details
716 Keeler St
RESTAURANT

716 Keeler St, Boone, IA 50036-2829

Value Estimation by Request
5,000 sqft · 0.11 AC lot
View details
716 Keeler St
BAR, TAVERN

716 Keeler St, Boone, IA 50036-2829

Value Estimation by Request
2,500 sqft · 0.06 AC lot
View details

Boone, IA Restaurants Market Trends and Statistics

Explore 26 restaurants for sale in Boone, IA on our real estate platform. These investment opportunities span a total of 2,010 square feet of properties for sale, with an estimated market value of $625,000.

Sale prices for restaurant properties in Boone, IA start at $625,000, averaging $625,000, and reaching up to $625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Drive through restaurants 2
Conventional restaurants 1

Demographics Overview

Population 16K
Population Growth (5Y) -0.8%
Median Household Income $74,107
College Educated 9.2%

High-Yield Neighborhoods for Investment

Identify Boone submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50036 $625K

Taxes & Financing

Tax Rate (average for all types) 2.32%
Property Tax per SF $27.84 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Boone County

New Delisted

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