Search
New Retail Space with Drive-Through
For Lease
Contact for pricing

1621 W 1st ST, Cedar Falls, IA 50613

COMMERCIAL - Cedar Falls, IA

Space SizeContact for details
Lot Size0.05 Acres
Days on Market101

Property Features for 1621 W 1st ST

General Information

Property type Commercial Lease
Property subtype Retail
Zoning Commerical
Subdivision Westphal Heights Addition
Directions Corner of Hudson Rd and 1st St
Standard status Active
APN 891411205014
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Westphal Heights Addition Lots 1 & 2 Ease EXC that part for HWY B 543 P 824 & EXC Rd Doc 2019010647
Tax Annual Amount 25000
Legal Description Westphal Heights Addition Lots 1 & 2 Ease EXC that part for HWY B 543 P 824 & EXC Rd Doc 2019010647

Utilities

Sewer type Public Sewer

Building Details

Year built 2024
Listing Agency: Berkshire Hathaway Home Services One Realty Centre · Berkshire Hathaway HomeServices
Listed By: Kevin Harberts · License #S69510000
Added: May 14 Changed: Aug 5 Last Checked: Aug 22 at 1:06PM
MLS# 20262079

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.

Built in 2024, this retail space offers a modern setting with a flexible interior layout that can be configured around the occupant’s operation. Drive-through capability adds an additional service option, while public sewer is available. The property is zoned commercial and occupies approximately 0.05 acres.

Located at 1621 W 1st ST in Cedar Falls, Iowa, the site is positioned where approximately 12,000 cars pass each day. Its visible, accessible setting supports a range of retail concepts, with the existing layout allowing the space to be adapted to the user’s requirements.

Key Highlights

  • 2024 construction
  • Drive‑through capability
  • Approximately 12,000 cars pass the location daily

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Hair Salon Parking Lot & Garage Restaurant Auto Repair Shop Electrical Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby
27k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Dining 29% Beauty & Spa 2%
Cedar Falls #6 Shops & Services
11,788 visits/mo 0.1 miles
Veridian Credit Union Shops & Services
4,574 visits/mo 0.4 miles
SUBWAY Dining
3,513 visits/mo 0.1 miles
Pita Pit Dining
3,155 visits/mo 0.1 miles
Cenex Shops & Services
2,739 visits/mo 0.5 miles

Demographics for 50613, IA

43,667
Population
17,808
Households
2.5
Avg Household Size
32
Median Age
48%
College-Educated
97%
High-School Grad
127.6 sq mi
ZIP Area
342
Density / Sq Mi
$75,642
Median Household Income
$33,099
Median Earnings
$1,176
Median Rent
$258,300
Median Home Value

Market

Lease Benchmarks for Cedar Falls, IA

$14.07 /SF/Yr
Avg Asking Price
$0.86–$24 /SF/Yr
Price Range
13,195 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial layout with public sewer and exposure to 12,000 passing vehicles each day.
Where is this retail space located?
The property is located at 1621 W 1st ST Cedar Falls, IA.
What are key features of this property?
This property features: 2024 construction; Drive‑through capability; Approximately 12,000 cars pass the location daily
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message