Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2101-2103 Falls Ave Waterloo, IA 50701

    Sponsored
    For Sale
    $220,000

    SINGLE_FAMILY - Waterloo, IA

    Type:Office
    Lot size:
    0.12 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 9 at 1:06 pm

    Property Features for 2101-2103 Falls Ave

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Zoning
    C1
    APN
    891322356006
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1951
    Building materials
    Block

    Berkshire Hathaway HomeServices One Realty Centre (319) 233-7000 [email protected]

    Listing agent Jared Hottle (319) 277-1077

    Listing date Jan 7, 2026

    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.

    Overview

    Corner Commercial Building in Waterloo

    This commercial property is located at the high-traffic corner of Magnolia Parkway and Falls Ave in central Waterloo, with traffic exceeding 3,000 cars per day. The multi-tenant building has undergone extensive recent updates, including a new roof installed in 2023, fresh flooring and paint throughout, professional landscaping, new LED lighting, updated line striping, an efficient boiler heating system, and central air conditioning for all units. The property is situated near new housing developments and new commercial construction in Central Waterloo. With one unit currently vacant, the property is suitable for an owner-operator to occupy while generating rental income, or for investors seeking strong returns. The property features strong visibility, ample parking, and excellent access, making it a turnkey opportunity. The lot size is 0.12 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Black Hawk
    State
    Iowa
    Longitude
    -92.372873
    Latitude
    42.499809

    Nearby Similar for Sale

    • New
      $2,800,000
      Pending

      Waterloo Truck Service Facility

      18,000 SF truck service facility in Waterloo, Iowa.
      2459 Gt Dr, Waterloo, IA 50703
      View Details
    • $648,900
      4.43 Acres

      Versatile Commercial Property Near Highway

      31,721 SF commercial property with warehouse and office space.
      3130 W Shaulis Rd, Waterloo, IA 50701
      View Details
    • New
      $749,900
      Pending

      Waterloo Multifamily Property with Storefronts

      27-unit multifamily property with 3 storefronts in Waterloo, Iowa.
      213-223 E 5Th St, Waterloo, IA 50703
      View Details
    • $4,395,000
      30,080 SF

      Self-Storage Complex on 5.19 Acres

      High-traffic self-storage complex with indoor and outdoor storage.
      3556 Marnie Ave, Waterloo, IA 50701
      View Details
    • $1,100,000
      3.05 Acres

      Waterloo Industrial Property on Wagner

      Versatile industrial property with warehouse, shop, and office space.
      3050 Wagner Rd, Waterloo, IA 50703
      View Details
    • $510,900
      1.12 Acres

      Waterloo Commercial Property For Sale

      Commercial property in Waterloo, Iowa, with expansion potential.
      1005 Maynard Ave, Waterloo, IA 50701
      View Details
    • Contact for pricing
      51,900 SF

      Waterloo Industrial/Office Property For Sale

      51,900 SF industrial/office property on 6.08 acres in Waterloo, IA.
      3530 Marnie Ave, Waterloo, IA 50701
      View Details
    • $899,900
      0.74 Acres

      Eveland Plaza Commercial Property

      Five-unit commercial property with income potential in Waterloo, Iowa.
      910-930 W 5Th St, Waterloo, IA 50702
      View Details
    • Contact for pricing
      4.43 Acres

      Waterloo Warehouse on 4.5 Acres

      Highly visible warehouse space with expansion potential near Highway 63.
      3130 W Shaulis - Warehouse Lease, Waterloo, IA 50701
      View Details
    • New
      Contact for pricing
      0.12 Acres

      Renovated Corner Suite in Waterloo

      Renovated 840 SF corner suite in high-traffic Waterloo location.
      2101 Falls Ave, Waterloo, IA 50701
      View Details
    • New
      $184,900
      0.16 Acres

      Well-Maintained Duplex in Waterloo, Iowa

      Spacious duplex with income potential in Waterloo, Iowa.
      608-610 Martin Rd, Waterloo, IA 50701
      View Details
    • New
      $125,000
      0.15 Acres

      Versatile Commercial Building on Parker

      Commercial building with dock doors, office, and highway access.
      440 W Parker Rd, Waterloo, IA 50703
      View Details

    FAQs

    What type of property is this?
    Office building - High-traffic corner commercial building with recent updates and investment potential.
    Where is this office building located?
    The property is located at 2101-2103 Falls Ave Waterloo, IA.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - High-traffic corner location at Magnolia Parkway and Falls Ave with over 3,000 cars per day.; - Multi-tenant building suitable for owner-operator or investor.; - Recent updates including new roof (2023), flooring, paint, landscaping, and LED lighting.
    (319) 277-1077
    Request Owner's contact information
    2101-2103 Falls Ave Waterloo, IA 50701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2101-2103 Falls Ave
    Waterloo, IA 50701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2101-2103 Falls Ave Waterloo, IA 50701
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.