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Office/Retail Space with Waiting Area
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1519 E San Marnan Drive, Waterloo, IA 50702

Office/retail suite with a waiting area, multiple office potential, and a flex break area in a high-traffic retail corridor.

Property Size16,716 SF
Price / SF$0.02
Days on Market507

Property Features for 1519 E San Marnan Drive

General Information

Standard status Active
Size 16,716 SF
Property subtype Commercial
Zoning C
Lease Type Net

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $86,373

Amenities

waiting area
opportunity for multiple offices
flex break area
1.09
16716

Building Details

Building Size 16,716 SF
Year Built 1983
Listing Agency: Q4 Real Estate
Listed By: Angie Buck
Source: Pinnaclerealtyia
Added: Apr 24, 2025 Changed: Sep 11 Last Checked: Sep 11 at 5:55AM

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 Q4 Real Estate

Investment Insights

Based on property information with market context.

This office/retail space totals 1,450 square feet and is configured with a waiting area plus space that can support multiple offices. A flex break area is also included, providing additional room for day-to-day operations.

The property is situated in a highly visible, heavily trafficked retail corridor along East San Marnan Drive near the I-380/US 218 interchange. Co-tenants include Jimmy Johns, Stanton Optical, Panda Express, and GNC, among others, and the surrounding shopping center is anchored by Target, Kwik Star, and CVS.

Estimated NNN expenses are listed at $7.96/SF.

Key Highlights

  • 1,450 SF office/retail space in a heavily trafficked retail corridor in Waterloo
  • Highly visible location along East San Marnan Drive off the I‑380/US 218 interchange
  • Includes a waiting area, flex break area, and space that can support multiple offices

Property Analytics

Current Use

Advance America Loan Service Western Union Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office HVAC Service

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

574
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office/retail suite with a waiting area, multiple office potential, and a flex break area in a high-traffic retail corridor.
Where is this office units located?
The property is located at 1519 E San Marnan Drive Waterloo, IA.
What are key features of this property?
This property features: 1,450 SF office/retail space in a heavily trafficked retail corridor in Waterloo; Highly visible location along East San Marnan Drive off the I‑380/US 218 interchange; Includes a waiting area, flex break area, and space that can support multiple offices
More about this property
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