403 Story StBoone, IA 50036

For Sale
$600,000

High-value commercial property with current lease.

Overview

Added:
Feb 3
Days on market:
37
This exceptional 2,010 square foot commercial building, located at 403 Story Street in Boone, Iowa, presents a compelling investment opportunity. Situated on a 0.41-acre lot, the property boasts a recently completed appraisal valuing it at $625,000, exceeding the asking price of $600,000. The property is currently under lease, providing a steady stream of income, with the lease extending until February 1st, 2027. This presents a strong return on investment for a discerning buyer. The building's versatile space is ideal for a variety of commercial uses, making it an attractive prospect for both established businesses and new ventures. Its prime location in Boone, Iowa offers excellent visibility and accessibility, further enhancing its investment potential. The property's strong financial performance, coupled with its desirable location and current lease, makes it a rare find in the Boone commercial real estate market. Serious inquiries are encouraged to explore this lucrative opportunity. The property is ready for immediate ownership and offers a secure investment with a guaranteed income stream for the foreseeable future. Don't miss this chance to acquire a high-value commercial property in a thriving Iowa community.

Property Details for 403 Story St

Property type
Other commercial real estate
Square Feet
2,010 SF
Year Built
1997
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Boone
County
Boone
State
Iowa
Latitude
42.05996
Longitude
-93.88042
403 Story St, Boone, Iowa

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403 Story St
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