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Flex Building with Office Space
New
For Sale
$199,900

106 E 9 Street, Waterloo, IA 50703

COMMERCIAL - Waterloo, IA

Property Size4,475 SF
Lot Size0.22 Acres
Price / SF$44.67
Days on Market6

Property Features for 106 E 9 Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning c
Subdivision per abstract
Directions sycamore to e 9th
Standard status Active
APN 891325179011
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description per abstract
Tax Annual Amount 1643
Legal Description per abstract

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Building Details

Year built 1945
Flooring type Concrete
Building materials Brick, Stone
Roof type Metal
Listing Agency: Lockard Realty Company
Listed By: Michael Taylor · License #S40482
Added: Aug 3 Changed: Aug 6 Last Checked: Aug 8 at 12:06PM
MLS# 20263604

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 4,475-square-foot flex property combines 3,200 square feet of industrial and warehouse area with 1,275 square feet of office space. The layout can support storage, a car shop, or delivery operations, while the existing interior may be retained or customized for a different business use. Concrete flooring, a metal roof, brick and stone construction, natural gas forced-air heat, and water service are in place. The building dates to 1945 and is currently rented.

Set on 0.22 acres in downtown Waterloo, the property carries c zoning and benefits from public sewer service. Its office-and-warehouse arrangement provides a practical commercial configuration within an established urban setting.

Key Highlights

  • 4,475 SF flex building with 3,200 SF of industrial/warehouse space and 1,275 SF of office space
  • 0.22‑acre site in downtown Waterloo
  • C zoning with public sewer and water available

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Pharmacy Skin Care Clinic Building Supply Nail Salon

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

Location Intelligence

Trade Area within ½ mile

1,246
Businesses Nearby
Under-served
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Meaders Mobile Munchies 1121 Commercial St, Waterloo, IA 50702

Frequently Asked Questions

What type of property is this?
Flex space - Brick-and-stone construction combines warehouse and office areas for storage, service, or delivery operations.
Where is this flex space located?
The property is located at 106 E 9 Street Waterloo, IA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 4,475 SF flex building with 3,200 SF of industrial/warehouse space and 1,275 SF of office space; 0.22‑acre site in downtown Waterloo; C zoning with public sewer and water available
More about this property
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