Retail

Boone, IA Retail Properties & Spaces for Sale

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Ogden, IA Pilot Mound, IA Luther, IA Madrid, IA Ames, IA Woodward, IA Gilbert, IA Berkley, 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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Downtown Mixed-Use Quadplex
Downtown Mixed-Use Quadplex

1026 8th Street, Boone, IA 50036

$119,900
3,125 sqft 0.07 AC lot

Downtown Boone building combines apartments with a main-floor commercial space and rear parking for flexible rental income.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Boone, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Turnkey Diner Opportunity in Perry
Turnkey Diner Opportunity in Perry

2720 Willis Avenue, Perry, IA 50220

$250,000
0.42 AC lot

Successful diner with building and equipment for sale in Perry.

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End Cap Retail Space
End Cap Retail Space

3800 Lincoln Way, Ames, IA 50014

Contact for pricing
4,700 sqft

End cap retail suite in a Hy-Vee anchored shopping center, including a former Iowa DOT space configuration.

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Perry, Iowa Mixed-Use Building
Perry, Iowa Mixed-Use Building

1208 Willis Avenue, Perry, IA 50220

$675,000
9,920 sqft

9,920 SF mixed-use building in the heart of Perry.

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Divisible Commercial Building with Overhead Doors
Divisible Commercial Building with Overhead Doors

2542 Bailey Ave, Ames, IA 50010

Contact for pricing

Divisible commercial building with loading access and storefront windows.

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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.

Campustown Redevelopment Opportunity Near ISU
Campustown Redevelopment Opportunity Near ISU

218 Welch Avenue, Ames, IA 50014

$1,600,000
4,576 sqft 0.65 AC lot

Commercial land for redevelopment near Iowa State University campus.

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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

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

Value Estimation by Request
5,500 sqft 0.06 AC lot
View details
310 Story St
RETAIL STORES (PERSONAL SERVICES)

310 Story St, Boone, IA 50036-3530

Value Estimation by Request
10,416 sqft 1.24 AC lot
View details
1102 Story St
RESTAURANT

1102 Story St, Boone, IA 50036-2222

Value Estimation by Request
1,205 sqft 0.08 AC lot
View details
1020 Story St
RETAIL STORES (PERSONAL SERVICES)

1020 Story St, Boone, IA 50036-2220

Value Estimation by Request
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
$990,000
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

Value Estimation by Request
11,221 sqft 0.24 AC lot
View details
715 Story St
RETAIL STORES (PERSONAL SERVICES)

715 Story St, Boone, IA 50036-2836

Value Estimation by Request
4,586 sqft 0.06 AC lot
View details
802 8th St
RETAIL STORES (PERSONAL SERVICES)

802 8th St, Boone, IA 50036-2822

Value Estimation by Request
3,900 sqft 0.06 AC lot
View details
428 Story St
RETAIL STORES (PERSONAL SERVICES)

428 Story St, Boone, IA 50036-3532

Value Estimation by Request
542 sqft 0.12 AC lot
View details
608 Carroll St
GYM, HEALTH SPA

608 Carroll St, Boone, IA 50036-2845

Value Estimation by Request
26,560 sqft 0.99 AC lot
View details
1819 Marshall St
VEHICLE SALES, RENTALS

1819 Marshall St, Boone, IA 50036-7199

Value Estimation by Request
37,688 sqft 8.22 AC lot
View details
722 Keeler St
BARBER, HAIR SALON

722 Keeler St, Boone, IA 50036-2829

Value Estimation by Request
625 sqft 0.01 AC lot
View details
926 8th St
RETAIL STORES (PERSONAL SERVICES)

926 8th St, Boone, IA 50036-2968

Value Estimation by Request
7,020 sqft 0.08 AC lot
View details
1720 Story St
VEHICLE SALES, RENTALS

1720 Story St, Boone, IA 50036-5227

Value Estimation by Request
4,064 sqft 0.67 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
805 8th St
BARBER, HAIR SALON

805 8th St, Boone, IA 50036-2823

Value Estimation by Request
3,375 sqft 0.04 AC lot
View details
707 Runyon St
RETAIL STORES (PERSONAL SERVICES)

707 Runyon St, Boone, IA 50036-2966

Value Estimation by Request
4,064 sqft 0.29 AC lot
View details
723 Story St
RETAIL STORES (PERSONAL SERVICES)

723 Story St, Boone, IA 50036-2836

Value Estimation by Request
4,550 sqft 0.05 AC lot
View details
1712 Mamie Eisenhower Ave
BARBER, HAIR SALON

1712 Mamie Eisenhower Ave, Boone, IA 50036-4403

Value Estimation by Request
1,380 sqft 0.43 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
1010 Story St
RETAIL STORES (PERSONAL SERVICES)

1010 Story St, Boone, IA 50036-2220

Value Estimation by Request
5,500 sqft 0.14 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 3 active listings on our real estate platform. These investment opportunities span a total of 5,135 square feet of properties for sale, with an estimated market value of $744,900.

Sale prices for stores in Boone, IA start at $119,900, averaging $372,450, 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

Drug stores 2
Grocery and convenience stores 2
Storefront properties 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 $464K

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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