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10th-Floor Office Suite in Historic Building
For Lease
$1,800/Mo

1000-531 Commercial St, Waterloo, IA 50702

Adaptable 10th-floor suite in a historic downtown building with secure access and attached parking garage.

Space SizeContact for details
Days on Market440

Property Features for 1000-531 Commercial St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $40,553
Listing Agency: AWRE-Commercial & Development
Listed By: Lindsey McEnaney · License #S70812000
Source: Exprealty
Added: Jun 12, 2025 Changed: Aug 22 Last Checked: Aug 25 at 8:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AWRE-Commercial & Development

Investment Insights

Based on property information with market context.

This 10th-floor office suite is located within the Historic Waterloo Building and offers a professional, high-rise office setting. The space is designed to support a functional, adaptable layout, with room for a reception area, private offices, and collaborative workspaces. Large windows provide panoramic views of the city skyline and the riverfront.

The suite benefits from secure building access and an attached parking garage for convenient arrival and parking. The building also features a refreshed lobby, supporting a polished first impression for employees and visitors.

The configuration fits a range of professional uses that require a balance of client-facing space and day-to-day team areas. Professional firms, creative agencies, and administrative operations can use the reception, private office, and collaborative zones to organize workflows and meetings within a single, self-contained suite on the 10th floor.

Key Highlights

  • 10th‑floor office suite in the Historic Waterloo Building in downtown Waterloo
  • Adaptable layout includes space for a reception area, private offices, and collaborative workspaces
  • Secure building access

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Pharmacy Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,218
Businesses Nearby

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

Lease Benchmarks for Waterloo, IA

$19.88 /SF/Yr
Avg Asking Price
$1.1–$200 /SF/Yr
Price Range
10,012 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Adaptable 10th-floor suite in a historic downtown building with secure access and attached parking garage.
Where is this office units located?
The property is located at 1000-531 Commercial St Waterloo, IA.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 10th‑floor office suite in the Historic Waterloo Building in downtown Waterloo; Adaptable layout includes space for a reception area, private offices, and collaborative workspaces; Secure building access
More about this property
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