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Corner Office/Retail Suite with Basement

2101 Falls Avenue Waterloo, IA 50701

2101 Falls Avenue, Waterloo, IA, 50701
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For Sale
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SINGLE_FAMILY - Waterloo, IA

Property Size840 SF
Lot Size0.12 Acres
Price / SF$1.01
Days on Market66

Property Features for 2101 Falls Avenue

General Information

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

Taxes and HOA fees

Tax Year
2026
Tax Description
see abstract
Tax Annual Amount
2479

Building Details

Year built
1951
Listing agency Berkshire Hathaway Home Services One Realty Centre
Listed by Jared Hottle · License #S68688000
Added: May 18 Updated: Jun 16 at 8:34AM Checked: Jul 22 at 1:06PM
MLS# 20262160

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 completely renovated corner suite offers a professional front office opening to a large, flexible main floor plan that can support a range of uses, including retail, office, or service. Recent updates include new flooring, fresh paint and texture, LED lighting, and a fully updated bathroom. A brand new front window brings natural light to the space and provides strong street-facing presentation. For convenience, there is a side door to simplify deliveries. The suite also includes a huge basement for storage, and it is climate-controlled year-round with central AC and an efficient boiler system.

The property is located at the intersection of Magnolia Parkway and Falls Ave in central Waterloo. The listing describes this as a high-traffic location with over 3,000 cars per day, along with outstanding signage visibility. The remarks also note ample parking and proximity to active commercial construction and brand new housing developments within the area’s growth corridor.

The layout and finishes make this suite well-suited for an owner-operator or service-oriented business that needs a turnkey space with flexible floor planning, updated lighting and finishes, and practical storage. The corner positioning and side-door access support both customer traffic and operational convenience, while the updated bathroom and climate control help accommodate day-to-day use.

Key Highlights

  • High‑traffic corner location at Magnolia Parkway and Falls Ave with excellent signage visibility.
  • Completely renovated, turnkey 840 SF suite ready for immediate occupancy.
  • Flexible floor plan suitable for retail, office, or service use.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

New Century Telecommunications Telecommunications Service Rack Temple Hosting ... Data Center

Suggested Use

Law Firm Dental Office (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Grocery & Convenience Store Locksmith Gym & Fitness Center Pharmacy Daycare Center HVAC Service

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

FAQs

What type of property is this?
Office units - Turnkey, renovated suite with a new front window, updated bathroom, climate control, and side-door access for deliveries.
Where is this office units located?
The property is located at 2101 Falls Avenue Waterloo, IA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: High‑traffic corner location at Magnolia Parkway and Falls Ave with excellent signage visibility.; Completely renovated, turnkey 840 SF suite ready for immediate occupancy.; Flexible floor plan suitable for retail, office, or service use.
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