Corner Storefront
For Sale
$695,000
320 W 1st Street, Cedar Falls, IA 50613
Commercial Sale, Cedar Falls, IA
Property SizeContact for details
Lot Size0.39 Acres
Days on Market35
Property Features for 320 W 1st Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
DT-Urban
Directions
Intersection of 1st and Franklin
Standard status
Active
APN
891412178001
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ORIGINAL PLAT CEDAR FALLS LOT 7 BLK 17 LOT 8 BLK 17 AND EASE B 7 P 763 AND EXC HWY B 585 P 641
Tax Annual Amount
16380
Legal Description
ORIGINAL PLAT CEDAR FALLS LOT 7 BLK 17 LOT 8 BLK 17 AND EASE B 7 P 763 AND EXC HWY B 585 P 641
Building Details
Year built
1930
Listing Agency:
Structure Real Estate
(319) 260-2016
Listed By:
Brian Wingert · License #B60468000
(319) 404-4884
Added: Aug 3
Changed: Aug 31
Last Checked: Sep 6 at 8:06AM
MLS# 20263608
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 storefront property occupies a 0.39-acre parcel at the intersection of W 1st Street, identified as Hwy 57, and Franklin Street. The building dates to 1930 and features an open-concept interior that may accommodate remodeling or an owner-occupancy plan. The property has remained occupied by the same tenant for more than 30 years.
The intersection carries 18,000+ vehicles per day, providing a measurable traffic base at this Cedar Falls corner. The adjacent properties to the south are also confirmed available for purchase, creating the possibility of assembling additional parcels for a larger redevelopment project. The property is zoned DT-Urban.
The intersection carries 18,000+ vehicles per day, providing a measurable traffic base at this Cedar Falls corner. The adjacent properties to the south are also confirmed available for purchase, creating the possibility of assembling additional parcels for a larger redevelopment project. The property is zoned DT-Urban.
Key Highlights
- 18,000+ vehicles pass the intersection per day
- 0.39‑acre parcel at W 1st Street and Franklin Street
- Storefront building constructed in 1930
Property Analytics
Property Profile
Current Use
Lease Details
18,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 32%
Hotels & Casinos 7%
McDonald's
Dining
19,202 visits/mo
0.2 miles
Casey's General Store
Shops & Services
12,039 visits/mo
0.3 miles
Scooter's Coffee
Dining
7,465 visits/mo
0.1 miles
Hampton Inn & Suites
Hotels & Casinos
3,290 visits/mo
0.2 miles
U.S. Bank
Shops & Services
2,796 visits/mo
0.2 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
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- 1800 flowers — 320 W 1st St, Cedar Falls, IA 50613
Frequently Asked Questions
What type of property is this?
Storefront property - Open-concept commercial building at the intersection of two streets with DT-Urban zoning.
Where is this storefront property located?
The property is located at 320 W 1st Street Cedar Falls, IA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 18,000+ vehicles pass the intersection per day; 0.39‑acre parcel at W 1st Street and Franklin Street; Storefront building constructed in 1930
