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2 Luther St - 2 Luther Street, Luther Iowa 50152 0.36 Acres of Commercial Land Offered at $344,535 CAD in Madrid, IA 50156
Executive Summary
Calling all Entrepreneurs...LAND FOR SALE! Business lot for sale in Luther, Iowa. Prime Hwy 17 frontage location. Located directly across the street (north) from the popular WHATCHA SMOKIN BBQ Restaurant. (You can capitalize on their traffic.) Hwy 17, has 5,300 daily vehicle traffic count as per the DOT. Electric and water hookups are on the lot. This lot is over 1/3 acre (0.36) 15,700 sq ft as per the Boone County Assessor. This lot is currently leased by the restaurant as a parking lot through July 2027 at a rent of $2,000 per month. The tenant maintains the lot. This is a unique opportunity. Call the listing agent for most details.
Property Facts
| Price | $344,535 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.36 AC |
| Property Type | Land | ||
| Zoning | Commercial | ||
| Price | $344,535 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.36 AC |
| Zoning | Commercial |
1 Lot Available
Lot 9 & 10
| Price | $344,535 CAD | Lot Size | 0.36 AC |
| Price Per AC | $955,921.10 CAD |
| Price | $344,535 CAD |
| Price Per AC | $955,921.10 CAD |
| Lot Size | 0.36 AC |
Business lot for sale in Luther Iowa
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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2 Luther St - 2 Luther Street, Luther Iowa 50152
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