Corner Restaurant
For Sale
$175,000
Pending
504 Riehl Street, Waterloo, IA 50703
Commercial Sale, Waterloo, IA
Property Size2,996 SF
Lot Size0.55 Acres
Days on Market28
Property Features for 504 Riehl Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C-2
Directions
On the corner of Broadway and Riehl Street
Standard status
Pending
APN
891314459027
Lot size
0.55 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
RICKER AND BRATNOBER LAND CO ADDITION LOT 9, 10, 11 & THAT PART OF 20 FT VAC ALLEY LYING N OF RIEHL ST AND W OF LOTS 10 AND 11 BLK 1 AND EASEMENT
Tax Annual Amount
2244
Legal Description
RICKER AND BRATNOBER LAND CO ADDITION LOT 9, 10, 11 & THAT PART OF 20 FT VAC ALLEY LYING N OF RIEHL ST AND W OF LOTS 10 AND 11 BLK 1 AND EASEMENT
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Amenities
2 bathrooms
office space
kitchen with hood
sinks
select appliances
Building Details
Year built
1976
Flooring type
Concrete
Roof type
Wood
Listing Agency:
Oakridge Real Estate
(319) 277-5005
Listed By:
Sara Junaid · License #S6072200
(319) 883-5008
Added: Jul 26
Changed: Aug 22
Last Checked: Aug 22 at 10:06AM
MLS# 20263472
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 2,996-square-foot commercial building was constructed in 1976 on a 0.55-acre corner parcel. The interior includes an open layout, two bathrooms, office space, and a kitchen equipped with a hood, sinks, and select appliances. Concrete flooring, natural gas heating, and forced-air distribution are also in place.
The property sits directly across from Kwik Star, with off-street parking and exposure from its corner position. It carries C-2 zoning and is served by available water and public sewer. The building can accommodate restaurant operations and other commercial uses supported by its existing configuration.
The property sits directly across from Kwik Star, with off-street parking and exposure from its corner position. It carries C-2 zoning and is served by available water and public sewer. The building can accommodate restaurant operations and other commercial uses supported by its existing configuration.
Key Highlights
- 2,996 SF commercial building on a 0.55‑acre corner parcel
- Directly across from Kwik Star with ample off‑street parking
- Kitchen includes a hood, sinks, and select appliances
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Kwik Trip
Shops & Services
10,267 visits/mo
0.0 miles
Family Dollar
Shops & Services
3,972 visits/mo
0.1 miles
BP
Shops & Services
2,120 visits/mo
0.1 miles
Demographics for 50703, IA
18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Open interior with kitchen infrastructure, two restrooms, office space, and off-street parking.
Where is this conventional restaurant located?
The property is located at 504 Riehl Street Waterloo, IA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2,996 SF commercial building on a 0.55‑acre corner parcel; Directly across from Kwik Star with ample off‑street parking; Kitchen includes a hood, sinks, and select appliances
