Vacant Mixed-Use
For Sale
$135,000
701 W 5th Street, Waterloo, IA 50702
Commercial Sale, Waterloo, IA
Property SizeContact for details
Lot Size0.20 Acres
Days on Market44
Property Features for 701 W 5th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
R-4
Directions
From Hwy 218 turn south onto W 5th St, property is up on the left.
Standard status
Active
APN
891326406001
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
DOES ADDITION NE 40 FT LOT 5 BLK 18 NW 46 FT LOT 4 BLK 18
Tax Annual Amount
1582
Legal Description
DOES ADDITION NE 40 FT LOT 5 BLK 18 NW 46 FT LOT 4 BLK 18
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
Ample Parking
Excellent Signage Opportunities
Building Details
Year built
1905
Listing Agency:
RE/MAX Concepts - Cedar Falls · RE/MAX International
(319) 266-7100
Listed By:
Gordie Sorensen · License #B59768000
(319) 269-1164
Added: Jul 24
Changed: Sep 4
Last Checked: Sep 5 at 1:06PM
MLS# 20263452
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 vacant mixed-use building at 701 W 5th Street provides an open interior that can be arranged for retail, office, or a combination of commercial functions. The property is described as clean and includes dedicated parking, a prominent exterior facade, and roadside signage opportunities. Forced-air heating with natural gas and central air conditioning serve the building, which was constructed in 1905. The R-4 zoning designation is part of the property record.
The building is positioned along a major Waterloo thoroughfare, providing exposure to passing traffic. The property may be purchased separately or together with 705 W 5th Street, and leasing is also available.
The building is positioned along a major Waterloo thoroughfare, providing exposure to passing traffic. The property may be purchased separately or together with 705 W 5th Street, and leasing is also available.
Key Highlights
- Open‑plan mixed‑use building suitable for retail, office, or combined commercial functions
- Vacant and described as clean for a new occupancy or build‑out
- Dedicated parking for employees and clients
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
Explore this area
Business Placement
Demographics for 50702, IA
20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value
Market
Vacancy Rate% for Office 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?
Mixed-use property - Open-plan building with dedicated parking, roadside signage options, and adaptable space for retail or office use.
Where is this mixed-use property located?
The property is located at 701 W 5th Street Waterloo, IA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Open‑plan mixed‑use building suitable for retail, office, or combined commercial functions; Vacant and described as clean for a new occupancy or build‑out; Dedicated parking for employees and clients
