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Finished Office Unit with Garage
For Lease
$12 SF/Yr

1118 Ansborough Ave, Waterloo, IA 50701

Finished lower-level space includes multiple offices, storage, and separate access points.

Space SizeContact for details
Days on Market44

Property Features for 1118 Ansborough Ave

General Information

Standard status Active

Building Details

Year Built 1967
Listing Agency: Berkshire Hathaway Home Services One Realty Centre
Listed By: Jason Strelow · License #B37568
Source: Kwlegacyrealty
Added: Jul 20 Changed: Aug 30 Last Checked: Aug 31 at 7:02PM

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 Berkshire Hathaway Home Services One Realty Centre

Investment Insights

Based on property information with market context.

This finished lower-level office unit provides 2,100 square feet of usable space with eight offices, a unisex bathroom, dedicated storage, and two independent access points. An additional 400-square-foot garage or storage area expands the property’s functional layout. The configuration can accommodate separated departments or multiple occupants while retaining a practical office and retail combination.

The property occupies a visible corner position at 1118 Ansborough Ave. in Waterloo, Iowa, with access between Waterloo and Cedar Falls. Built in 1967, the building offers a flexible commercial setting for office, retail, or blended operations.

Key Highlights

  • 2,100 SF finished lower‑level office and retail area
  • Eight offices, unisex bathroom, and dedicated storage
  • Additional 400 SF garage or storage area

Property Analytics

Current Use

Berkshire Hathaway HomeServices ... Real Estate Agency Marguerite Pircer - Berkshire ... Real Estate Agency Andy Steffen - Real ... Real Estate Agency Jason Strelow, Berkshire ... Real Estate Agency Dawn Vogel, Berkshire ... Real Estate Agency

Suggested Use

Top Pick Law Firm Dental Office Pharmacy (Bike/Boat/Book/etc) Store Real Estate Agency Grocery & Convenience Store

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

537
Businesses Nearby

Demographics for 50701, IA

29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value

Market

Lease Benchmarks for Waterloo, IA

$12.17 /SF/Yr
Avg Asking Price
$1.1–$20 /SF/Yr
Price Range
12,805 SF
Avg Space Size

This space is priced 1% below the average of $12.17 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Office units - Finished lower-level space includes multiple offices, storage, and separate access points.
Where is this office units located?
The property is located at 1118 Ansborough Ave Waterloo, IA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 2,100 SF finished lower‑level office and retail area; Eight offices, unisex bathroom, and dedicated storage; Additional 400 SF garage or storage area
More about this property
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