Conventional Restaurant

Waterloo, IA Conventional Restaurants for Sale

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Evansdale, IA Cedar Falls, IA Elk Run Heights, IA Washburn, IA Dewar, IA Raymond, IA Gilbertville, IA Hudson, IA
Multi-Tenant Shopping Center
Updated: May 20
Multi-Tenant Shopping Center

106 Brookeridge Drive, Waterloo, IA 50702

$999,000
0.91 AC lot
Fully leased multi‑tenant shopping center
UPS location and locally owned, operated restaurant on site
0.91 acres with C‑1 zoning
Built in 1974
On Kimball Avenue, one block from San Marnan Drive
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Equipped Conventional Restaurant Space
Updated: Aug 18
Equipped Conventional Restaurant Space

910 W 5th Street, Waterloo, IA 50702

Contact for pricing
5,625 sqft
Approximately 5,625 SF of restaurant space
Fully equipped commercial kitchen with hood system
Walk‑in coolers and existing restaurant improvements
Multi‑tenant strip center with established co‑tenancy
Large shared parking area
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Restaurant Space with Drive-Up Window
Restaurant Space with Drive-Up Window

2040 Kimball Avenue, Waterloo, IA 50701

Contact for pricing
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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See hot listings in Waterloo

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Fully Leased Multi-Tenant Retail
Fully Leased Multi-Tenant Retail

106 Brookeridge Drive, Waterloo, IA 50702

$999,000

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

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

Fully Equipped Ice Cream Restaurant
Fully Equipped Ice Cream Restaurant

1309 G Avenue, Grundy Center, IA 50638

$350,000
2,472 sqft

Commercial restaurant property with an existing tenant, updated building systems, a garage, bathroom, and paved parking.

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Updated Conventional Restaurant
Updated Conventional Restaurant

1309 G Avenue, Grundy Center, IA 50638

$350,000
0.33 AC lot

Equipped restaurant property with an existing tenant, paved parking, and refreshed building systems.

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

114 S Frederick, Oelwein, IA 50662

$159,900
1,750 sqft

Remodeled restaurant with ample parking and recent improvements.

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Waterloo, IA Conventional Restaurants Market Trends and Statistics

Explore 4 conventional restaurants for sale in Waterloo, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,725 square feet of properties for sale, with an estimated market value of $1,998,000.

Sale prices for conventional restaurants in Waterloo, IA average $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 7
Bars & Pubs 6
Drive through restaurants 4
Commercial kitchens 2
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 $666K

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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