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Two-Level Office Building
For Sale
Contact for pricing
Pending

351 Fletcher Ave, Waterloo, IA 50701

Well-maintained office building with main-level reception, offices, and a lower-level open area formerly used as a classroom.

Property Size3,600 SF
Lot Size0.72 Acres
Days on Market113

Property Features for 351 Fletcher Ave

General Information

Standard status Pending
Size 3,600 SF
Lot size 0.72 Acres
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Stories 2
Listing Agency: Lockard
Listed By: Michael Taylor · License #IA S40482
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Aug 1 at 3:10AM

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 Lockard

Investment Insights

Based on property information with market context.

This well-maintained office building offers two levels of finished space totaling 3,600 sq. ft. The main level includes a reception and greeting area, individual offices, a spacious work area, and a restroom. The lower level features a large, open space that was previously used as a classroom.

The property is located just off Fletcher Avenue and Highway 63, with a 0.72-acre lot. The site includes potential redevelopment for uses such as storage units.

The building’s current layout supports a mix of front-of-house reception, private offices, and an open work or classroom-style area, providing flexibility for a variety of office-based needs.

Key Highlights

  • Two‑level office building with 3,600 sq. ft. of finished space
  • Main level includes reception/greeting area, individual offices, a spacious work area, and a restroom
  • Lower level offers a large open space formerly used as a classroom

Property Analytics

Current Use

Asian Foot Massage Alternative Medicine Practice iowa realtor member Real Estate Agency

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency HVAC Service Building Supply Kitchen & Bath Showroom

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

376
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office building with main-level reception, offices, and a lower-level open area formerly used as a classroom.
Where is this office building located?
The property is located at 351 Fletcher Ave Waterloo, IA.
What are key features of this property?
This property features: Two‑level office building with 3,600 sq. ft. of finished space; Main level includes reception/greeting area, individual offices, a spacious work area, and a restroom; Lower level offers a large open space formerly used as a classroom
(319) 277-8000 Call to check price and availability
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