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Retail Space with Showroom
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1205 E San Marnan Dr, Waterloo, IA 50701

Flexible retail configuration includes customer-facing frontage, ample parking, and suites divisible for qualified tenants.

Space Size1,500 SF - 19,800 SF
Days on Market23

Property Features for 1205 E San Marnan Dr

General Information

Standard status Active
Size 1,500 SF - 19,800 SF
Net Rentable 1,500 SF

Space & Availability

Available Space 1,500-19,800 SF
Divisible Yes

Additional Details

Corner Location Yes

Building Details

Year Built 1993
Year Renovated 2025
Building Size 19,800 SF
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Kwlegacyrealty
Added: Aug 12 Changed: Aug 14 Last Checked: Sep 1 at 10:05PM

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 19,800-square-foot retail property combines approximately 8,000 square feet of customer-facing space with an additional 11,800 square feet suited to showroom or large-format retail operations. The front portion addresses E San Marnan Drive, with parking positioned near the entry doors, while parking extends throughout the site. The property can be divided into suites as small as 1,500 square feet for qualified tenants.

Exterior façade improvements and a new parking lot were completed in 2025. Built in 1993, the property occupies the corner of E San Marnan Drive and Flammang Drive in Waterloo, Iowa, providing a prominent retail setting within an active commercial area.

Key Highlights

  • 19,800 SF total building area
  • Approximately 8,000 SF of retail space facing E San Marnan Drive
  • Additional 11,800 SF suitable for showroom or large‑format retail 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.

Lease Details

NNN (Triple Net)
Lease Type

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

Lease Benchmarks for Waterloo, IA

$20.48 /SF/Yr
Avg Asking Price
$1.1–$40 /SF/Yr
Price Range
12,781 SF
Avg Space Size

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 - Flexible retail configuration includes customer-facing frontage, ample parking, and suites divisible for qualified tenants.
Where is this retail space located?
The property is located at 1205 E San Marnan Dr Waterloo, IA.
What are key features of this property?
This property features: 19,800 SF total building area; Approximately 8,000 SF of retail space facing E San Marnan Drive; Additional 11,800 SF suitable for showroom or large‑format retail use
More about this property
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