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    Boone, IA
    Retail

    Boone, IA Retail Properties & Spaces for Sale

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    Ogden, IA Pilot Mound, IA Luther, IA Ames, IA Madrid, IA Woodward, IA Gilbert, IA Sheldahl, IA
    8 properties
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    Freestanding Drug Store Building
    Updated: Mar 30
    Freestanding Drug Store Building

    403 Story Street, Boone, IA 50036

    $590,000
    2,010 sqft 0.41 AC lot
    2,010‑square‑foot building on 0.41 acres
    North‑side drive‑up window and electronic sign
    Large parking lot serving the freestanding building
    Commercial zoning in Boone, IA
    New sewer line installed in February 2025
    View details
    Mixed-Use Property With Garage Bays
    Updated: Jul 17
    Mixed-Use Property With Garage Bays

    1001 W Mamie Eisenhower Avenue, Boone, IA 50036

    $114,900
    1,496 sqft 0.60 AC lot
    1,496‑square‑foot building on a 0.6‑acre corner lot
    Three attached garage bays provide vehicle, equipment, or workshop space
    Main level includes reception or retail area, three private offices, half bath, and storage room
    Full basement offers additional usable space
    Commercial zoning with public water and public sewer
    View details
    Retail Storefront with Drive-Up Window
    Retail Storefront with Drive-Up Window

    403 Story Street, Boone, IA 50036

    $590,000
    0.41 AC lot

    Commercial storefront with parking, electronic signage, and a north-side service window.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Retail Space with Included Inventory
    Retail Space with Included Inventory

    1030 8th Street, Boone, IA 50036

    Contact for pricing
    5,000 sqft

    The offering combines an established retail business, its real estate, and inventory in one transaction.

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    Multi-Tenant Flex Property
    Multi-Tenant Flex Property

    901 W Mamie Eisenhower Ave, Boone, IA 50036

    $425,000
    5,610 sqft

    Adaptable commercial space combines garage bays, showroom area, offices, and multiple bathrooms along a main road.

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    Drive-Up Retail Building
    Drive-Up Retail Building

    403 Story Street, Boone, IA 50036

    Contact for pricing
    2,010 sqft

    Former pharmacy building with a drive-up window, electronic sign, and large parking lot, plus new sewer line (Feb. 2025).

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    Commercial Building in Boone CBD
    Commercial Building in Boone CBD

    931 8th St, Boone, IA 50036

    $875,000

    Visible commercial building suitable for retail, office, or service use.

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    Auto Restoration & Repair Shop
    Auto Restoration & Repair Shop

    2039 Knezevich Road., Boone, IA 50036

    Contact for pricing
    5,000 sqft

    Freestanding shop with main floor shop area, mezzanine, and included restoration equipment.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Boone, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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.

    Dollar General Retail Space
    Dollar General Retail Space

    100 Southern Prairie Drive, Madrid, IA 50156

    Contact for pricing
    9,020 sqft

    Dollar General retail space with a recent lease extension and established commercial construction.

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    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    113 S Main Street, Woodward, IA 50276

    $78,000
    0.08 AC lot

    Commercial space, a one-bedroom apartment, and a garage unit share this brick-and-wood-sided property.

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    Mixed-Use Laundromat and Apartments
    Mixed-Use Laundromat and Apartments

    115 S Main St, Woodward, IA 50276

    $223,000

    Income-focused mixed-use property combining a commercial laundromat with five rental units.

    View details
    Remodeled Storefront Building
    Remodeled Storefront Building

    232 W Second St, Madrid, IA 50156

    Contact for pricing

    Flexible commercial layout with customer-facing space, private offices, support areas, and rear outdoor improvements.

    View details

    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.

    Campustown Redevelopment Opportunity Near ISU
    Campustown Redevelopment Opportunity Near ISU

    218 Welch Avenue, Ames, IA 50014

    Contact for pricing
    4,576 sqft 0.65 AC lot

    Commercial land for redevelopment near Iowa State University campus.

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    Commercial Land Across From Menards
    Commercial Land Across From Menards

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

    $695,000
    2.73 AC lot

    Public water and sewer serve the site, with natural gas available.

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    Commercial Land Across From Menards
    Commercial Land Across From Menards

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

    $695,000
    2.79 AC lot

    Commercial parcel with public water, public sewer, and natural gas availability.

    View details
    Commercial Land Across From Menards
    Commercial Land Across From Menards

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

    $695,000
    2.79 AC lot

    Public water and sewer serve this commercially designated land near major transportation routes.

    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.

    705 Story St
    RETAIL STORES (PERSONAL SERVICES)

    705 Story St, Boone, IA 50036-2836

    $85,000
    Estimated value
    5,500 sqft 0.06 AC lot
    View details
    310 Story St
    RETAIL STORES (PERSONAL SERVICES)

    310 Story St, Boone, IA 50036-3530

    $470,000
    Estimated value
    10,416 sqft 1.24 AC lot
    View details
    1102 Story St
    RESTAURANT

    1102 Story St, Boone, IA 50036-2222

    $90,000
    Estimated value
    1,205 sqft 0.08 AC lot
    View details
    1020 Story St
    RETAIL STORES (PERSONAL SERVICES)

    1020 Story St, Boone, IA 50036-2220

    $225,000
    Estimated value
    2,900 sqft 0.10 AC lot
    View details
    931 8th St, Unit 933
    RETAIL STORES (PERSONAL SERVICES)

    931 8th St, Boone, IA 50036-2969

    Unit 933
    $415,000
    Estimated value
    28,762 sqft 2.06 AC lot
    View details
    927 Story St
    RETAIL STORES (PERSONAL SERVICES)

    927 Story St, Boone, IA 50036-2715

    $155,000
    Estimated value
    11,221 sqft 0.24 AC lot
    View details
    715 Story St
    RETAIL STORES (PERSONAL SERVICES)

    715 Story St, Boone, IA 50036-2836

    $115,000
    Estimated value
    4,586 sqft 0.06 AC lot
    View details
    802 8th St
    RETAIL STORES (PERSONAL SERVICES)

    802 8th St, Boone, IA 50036-2822

    $145,000
    Estimated value
    3,900 sqft 0.06 AC lot
    View details
    428 Story St
    RETAIL STORES (PERSONAL SERVICES)

    428 Story St, Boone, IA 50036-3532

    $130,000
    Estimated value
    542 sqft 0.12 AC lot
    View details
    608 Carroll St
    GYM, HEALTH SPA

    608 Carroll St, Boone, IA 50036-2845

    $435,000
    Estimated value
    26,560 sqft 0.99 AC lot
    View details
    1819 Marshall St
    VEHICLE SALES, RENTALS

    1819 Marshall St, Boone, IA 50036-7199

    $410,000
    Estimated value
    37,688 sqft 8.22 AC lot
    View details
    722 Keeler St
    BARBER, HAIR SALON

    722 Keeler St, Boone, IA 50036-2829

    $65,000
    Estimated value
    625 sqft 0.01 AC lot
    View details
    926 8th St
    RETAIL STORES (PERSONAL SERVICES)

    926 8th St, Boone, IA 50036-2968

    $60,000
    Estimated value
    7,020 sqft 0.08 AC lot
    View details
    1720 Story St
    VEHICLE SALES, RENTALS

    1720 Story St, Boone, IA 50036-5227

    $320,000
    Estimated value
    4,064 sqft 0.67 AC lot
    View details
    1608 Story St
    RESTAURANT

    1608 Story St, Boone, IA 50036-5225

    $55,000
    Estimated value
    2,362 sqft 0.95 AC lot
    View details
    805 8th St
    BARBER, HAIR SALON

    805 8th St, Boone, IA 50036-2823

    $55,000
    Estimated value
    3,375 sqft 0.04 AC lot
    View details

    Boone, IA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Boone, IA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 21,126 square feet of properties for sale, with an estimated market value of $2,594,900.

    Sale prices for stores in Boone, IA start at $114,900, averaging $518,980, and reaching up to $875,000 — 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

    Storefront properties 4
    Auto shops 1
    Automotive properties 1
    Drug stores 1
    Grocery and convenience stores 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 $519K

    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

    Total CRE Inventory on Market (SF)

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    • 50036

    Featured Boone Real Estate Agencies

    Realmo connects you with licensed Boone CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Nerem & Associates Real Estate & Insurance
    1215 SE Marshall St. Boone, IA 50036
    Phone: 15154325650
    www.neremre.com

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