Conventional Restaurant

Waterloo, IA Conventional Restaurants for Sale

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Evansdale, IA Cedar Falls, IA Elk Run Heights, IA Raymond, IA Hudson, IA La Porte City, IA Dunkerton, IA Janesville, IA
6 properties
Fully Leased Multi-Tenant Investment Property
Updated: May 20
Fully Leased Multi-Tenant Investment Property

106 Brookeridge Drive, Waterloo, IA 50702

$999,000
0.91 AC lot
Fully leased multi‑tenant investment property ensuring dependable income.
Anchored by a nationally recognized UPS location.
Located on high‑traffic Kimball Avenue.
Exceptional visibility and accessibility.
Strong tenant synergy.
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Restaurant Building on Corner Lot
Updated: Jul 26
Restaurant Building on Corner Lot

504 Riehl Street, Waterloo, IA 50703

$175,000
0.55 AC lot
2,996 SF commercial building with open‑concept layout
0.55‑acre high‑visibility corner lot directly across from Kwik Star
C‑2 zoning with flexible commercial use potential
Kitchen with hood, sinks, and select appliances plus office space
2 bathrooms to support customer and staff flow
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Prime Corner Restaurant Building
Prime Corner Restaurant Building

504 Riehl Street, Waterloo, IA 50703

$175,000
2,996 sqft

High-visibility corner commercial building across from Kwik Star with kitchen hood, office space, and ample off-street parking.

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Restaurant Space with Drive-Up Window
Restaurant Space with Drive-Up Window

2040 Kimball Avenue, Waterloo, IA 50701

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2,100 sqft

Restaurant space in a shopping center with a spacious dine-in area, private meeting room, office, and drive-up window.

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Fully Leased Multi-Tenant Retail
Fully Leased Multi-Tenant Retail

106 BROOKERIDGE DR, Waterloo, IA 50702

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8,924 sqft

Stabilized multi-tenant retail building anchored by a UPS location and a local restaurant on high-traffic Kimball Avenue.

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Restaurant with Large Parking Field
Restaurant with Large Parking Field

2822 University Ave, Waterloo, IA 50701

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Restaurant includes a dining room, kitchen, and bar, plus a large parking field and included fixtures.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Waterloo, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Lot Restaurant Opportunity
Corner Lot Restaurant Opportunity

2 S Frederick, Oelwein, IA 50662

$85,000
4,141 sqft

Restaurant space for sale with guest seating, walk-in cooler, and a salad bar setup on a downtown corner lot.

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Endcap Restaurant with Drive-Thru
Endcap Restaurant with Drive-Thru

6826 University Avenue, Cedar Falls, IA 50613

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1,308 sqft

End-cap restaurant suite with drive-thru access, designed for visibility and strong customer ingress.

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Turnkey Restaurant Space with Kitchen
Turnkey Restaurant Space with Kitchen

2214 College St, Cedar Falls, IA 50613

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1,946 sqft

For-sale restaurant/bar space with existing kitchen equipment along a corridor carrying 6,300 vehicles daily.

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Remodeled Restaurant in Oelwein, IA
Remodeled Restaurant in Oelwein, IA

114 S Frederick Ave, Oelwein, IA 50662

$179,900
1,750 sqft 0.06 AC lot

Remodeled restaurant with ample parking and recent improvements.

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Waterloo, IA Conventional Restaurants Market Trends and Statistics

Explore 6 conventional restaurants for sale in Waterloo, IA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 14,020 square feet of properties for sale, with an estimated market value of $1,349,000.

Sale prices for conventional restaurants in Waterloo, IA start at $175,000, averaging $449,666, and reaching up to $999,000 — 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

Conventional restaurants 9
Bars & Pubs 7
Drive through restaurants 3
Commercial kitchens 1
Pubs 1

Demographics Overview

Population 77K
Population Growth (5Y) -3.2%
Median Household Income $58,650
College Educated 16.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50703 $175K
50702 $999K

Taxes & Financing

Tax Rate (average for all types) 3.42%
Property Tax per SF $40.72 per SF
Tax Rate vs County Average 0.32 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Black Hawk County

New Delisted

Total CRE Inventory on Market (SF)

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