Mixed-Use Space with
For Lease
$12 SF/Yr
1118 Ansborough Avenue, Waterloo, IA 50701
Commercial Lease, Waterloo, IA
Space Size2,100 SF
Lot Size0.25 Acres
Days on Market155
Property Features for 1118 Ansborough Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
C
Lot features
Close to Shopping
Directions
Corner of University Ave. & Ansborough Ave.
Standard status
Active
APN
891328230006
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Downing Place Lot 19 Blk 17 Lot 20 Blk 17 City of Waterloo County of Black Hawk State of Iowa (See Abstract for Complete Legal Description)
Tax Annual Amount
9094
Legal Description
Downing Place Lot 19 Blk 17 Lot 20 Blk 17 City of Waterloo County of Black Hawk State of Iowa (See Abstract for Complete Legal Description)
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
8 offices
unisex bathroom
dedicated storage space
two separate access points
Building Details
Year built
1967
Flooring type
Carpet, Tile
Building materials
Block
Roof type
Membrane
Listing Agency:
Berkshire Hathaway Home Services One Realty Centre · Berkshire Hathaway HomeServices
(319) 233-7000
Listed By:
Jason Strelow · License #B37568
(319) 961-3000
Added: Apr 12
Changed: Sep 5
Last Checked: Sep 13 at 2:06PM
MLS# 20261480
Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This lower-level mixed-use commercial space provides 2,100 square feet of finished office and retail area, along with an additional 400-square-foot garage or storage area. The layout includes eight offices, a unisex bathroom, dedicated storage, and two separate entrances, creating flexibility for departmental separation or multiple occupants. Carpet and tile flooring, central air, forced-air natural gas heat, and a membrane roof are among the property features.
Located at 1118 Ansborough Avenue, the property occupies a 0.25-acre corner site in Waterloo. Its position between Waterloo and Cedar Falls provides access to both communities, while the corner setting offers exposure along a high-traffic corridor. The property is zoned C and includes public sewer and water availability.
Located at 1118 Ansborough Avenue, the property occupies a 0.25-acre corner site in Waterloo. Its position between Waterloo and Cedar Falls provides access to both communities, while the corner setting offers exposure along a high-traffic corridor. The property is zoned C and includes public sewer and water availability.
Key Highlights
- 2,100 sq. ft. of finished lower‑level office and retail space
- Additional 400 sq. ft. garage or storage area
- Eight offices with a unisex bathroom and dedicated storage
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
Explore this area
Business Placement
Demographics for 50701, IA
29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Finished lower-level commercial space supports office, retail, or combined business operations with separate access points.
Where is this mixed-use property located?
The property is located at 1118 Ansborough Avenue Waterloo, IA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 2,100 sq. ft. of finished lower‑level office and retail space; Additional 400 sq. ft. garage or storage area; Eight offices with a unisex bathroom and dedicated storage
