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Multi-Level Office Space in Renovated Church
For Lease
$1,800/Mo

1225 W 4th Street, Waterloo, IA 50702

Private offices, shared meeting areas, and dedicated off-street parking support office use.

Space Size9,700 SF
Days on Market263

Property Features for 1225 W 4th Street

General Information

Standard status Active
Size 9,700 SF
Net Rentable 9,700 SF
Property subtype Office

Space & Availability

Available Space 9,700 SF
Space Use Office

Taxes and HOA fees

Annual Taxes $2,951

Building Details

Building Size 9,772 SF
Year Built 1913
Listing Agency: Fischels Commercial Group
Listed By: Chris Fischels · License #B44779000
Source: Karensteffeshomes
Added: Feb 6 Changed: Oct 26 Last Checked: Oct 26 at 3:37PM

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 Fischels Commercial Group

Rey
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Investment Insights

Based on property information with market context.

Office space occupies a renovated church building dating to 1913, with 9,772 square feet arranged across multiple levels. The layout includes private offices and open areas for meetings. An upper level opens to the main floor, while the finished lower level contains additional offices and flexible work areas.

A private off-street parking area serves the property. The space is restricted to office use.

Key Highlights

  • 9,772 square feet of office space in a renovated church building
  • Private offices and open meeting areas across multiple levels
  • Upper level connects visually and spatially with the main level

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Electrical Service Nail Salon Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith

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
$0.33 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

482
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Waterloo, IA

$12.83 /SF/Yr
Avg Asking Price
$5.28–$20 /SF/Yr
Price Range
12,878 SF
Avg Space Size

This space is priced 83% below the average of $12.83 /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

Frequently Asked Questions

What type of property is this?
Office unit - Private offices, shared meeting areas, and dedicated off-street parking support office use.
Where is this office unit located?
The property is located at 1225 W 4th Street Waterloo, IA.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 9,772 square feet of office space in a renovated church building; Private offices and open meeting areas across multiple levels; Upper level connects visually and spatially with the main level
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