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

Retail building offers facade upgrades, a 2025 parking lot, and space for both frontage retail and showroom or big-box use.

Property Size19,800 SF
Days on Market422

Property Features for 1205 San Marnan Dr

General Information

Standard status Active
Size 19,800 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $70,722

Amenities

Concrete
3

Building Details

Year Built 1993
Year Renovated 2025
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Xome
Added: Jun 30, 2025 Changed: Aug 25 Last Checked: Aug 25 at 6:59AM

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 underwent an exterior façade upgrade and received a new parking lot in 2025. The property includes approximately 8,000 square feet of prime retail space that faces E San Marnan, with parking positioned directly in line with the front doors. The remaining 11,800 square feet is well-suited for a larger footprint such as a big box retailer or showroom.

The site provides ample parking across the entire property, supporting customer access for storefront operations. The landlord is willing to demise suites to a minimum of 1,500 square feet for qualified tenants, and rental incentives may be available for a tenant looking to lease the entire building.

The building total is 19,800 square feet, offering flexible configurations for retailers seeking either dedicated frontage space or a larger continuous tenant space.

Key Highlights

  • 19,800 SF retail building on a corner at E San Marnan and Flammang Dr in Waterloo.
  • About 8,000 SF of storefront retail space faces E San Marnan with parking directly in line with the front doors.
  • Additional 11,800 SF suited for a big‑box retailer or showroom use.

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

492
Businesses Nearby
584k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 23% Shops & Services 18% Superstores 16% Groceries 13%
Walmart Superstores
92,036 visits/mo 0.1 miles
Hy-Vee Groceries
53,742 visits/mo 0.3 miles
Menards Home Improvements & Furnishings
48,812 visits/mo 0.2 miles
Chick-fil-A Dining
46,408 visits/mo 0.1 miles
T.J. Maxx Apparel
45,474 visits/mo 0.3 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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building offers facade upgrades, a 2025 parking lot, and space for both frontage retail and showroom or big-box use.
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: 19,800 SF retail building on a corner at E San Marnan and Flammang Dr in Waterloo.; About 8,000 SF of storefront retail space faces E San Marnan with parking directly in line with the front doors.; Additional 11,800 SF suited for a big‑box retailer or showroom use.
More about this property
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