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Corner Retail Building with Parking
For Sale
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1205 San Marnan Dr, Waterloo, IA 50701

Corner retail building includes an upgraded exterior and a new parking lot, with suite options starting at 1,500 SF.

Property SizeContact for details
Days on Market413

Property Features for 1205 San Marnan Dr

General Information

Standard status Active
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $70,722

Amenities

Concrete
3

Building Details

Year Built 1993
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Xome
Added: Jun 30, 2025 Changed: Aug 16 Last Checked: Aug 16 at 3:58AM

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 GLD Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This corner retail building offers a total of 19,800 SF, including approximately 8,000 SF of prime retail space fronting E San Marnan with parking directly in line with the front doors. The property also includes an additional 11,800 SF that may fit a larger-format retailer or showroom use. Exterior facade improvements and a new parking lot were completed in 2025.

Located on the corner of E San Marnan and Flammang Dr in Waterloo, the site provides ample parking across the entire property.

The landlord is willing to demise suites to a minimum of 1,500 SF for qualified tenants, and rental incentives may be available for a tenant seeking to lease the entire property. Please contact the listing agent for additional details.

Key Highlights

  • Corner retail building on the corner of E San Marnan and Flammang Dr in Waterloo
  • 19,800 SF total building with approx. 8,000 SF of retail space facing E San Marnan
  • Additional approx. 11,800 SF suited for a big box retailer or showroom

Property Analytics

Current Use

Coin Cloud Bitcoin ... Atm Little Caesars Pizza Restaurant Neighborhood Home Sleep ... Furniture & Home Goods Bitstop Bitcoin ATM Crypto Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center HVAC Service Hair Salon Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

169
Businesses Nearby
39k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Kwik Trip Shops & Services
39,189 visits/mo 0.2 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail building includes an upgraded exterior and a new parking lot, with suite options starting at 1,500 SF.
Where is this retail space located?
The property is located at 1205 San Marnan Dr Waterloo, IA.
What are key features of this property?
This property features: Corner retail building on the corner of E San Marnan and Flammang Dr in Waterloo; 19,800 SF total building with approx. 8,000 SF of retail space facing E San Marnan; Additional approx. 11,800 SF suited for a big box retailer or showroom
More about this property
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