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Luther, IA Retail Properties & Spaces for Sale

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Commercial Land in Luther, Iowa
Updated: May 6
Commercial Land in Luther, Iowa

2 Luther Street, Luther, IA 50152

$250,000
0.54 AC lot
Leased through July 2027 for $2,000/month, providing immediate income
Prime Hwy 17 frontage location in Luther, Iowa
High traffic count: 5,300 vehicles daily on Hwy 17
Located across from a popular BBQ restaurant, offering potential business synergy
Lot size: Over 1/3 acre (0.36 acres, 23,550 sq ft)
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Luther, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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 Building with Drive-Up Window
Retail 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 electronic sign, large parking lot, and a drive-up window on the north side.

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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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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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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

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 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.

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Off-Market Properties in Luther, IA

Consider similar Off-Market properties in Luther, 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.

403 Iowa Ave
RESTAURANT

403 Iowa Ave, Luther, IA 50152-4715

Value Estimation by Request
3,660 sqft 0.35 AC lot
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Luther, IA Retail Properties & Spaces Market Trends and Statistics

Explore 2 retail properties & spaces for sale in Luther, IA on our real estate platform.

Sale prices for stores in Luther, IA average $250,000 — 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

Automotive properties 1

Demographics Overview

Population 117
Median Household Income $85,417
College Educated 25.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50152 $250K

Listings Trend

New vs delisted commercial listings in Boone County

New Delisted

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