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Office Unit with Private Offices
For Lease
$12 SF/Yr

346 E Ridgeway Avenue #2, Waterloo, IA 50702

The suite includes a conference room and two private offices for professional, counseling, or medical use.

Space Size1,453 SF
Property Size6,769 SF
Days on Market928

Property Features for 346 E Ridgeway Avenue #2

General Information

Standard status Active
Size 1,453 SF
Net Rentable 1,453 SF
Zoning S-1

Space & Availability

Available Space 1,453 SF
Contiguous Space 1,453 SF
Space Use Office
Private Offices 2
Meeting Rooms 1

Taxes and HOA fees

Annual Taxes $12,774

Building Details

Building Size 6,769 SF
Year Built 1973
Listing Agency: AWRE - Commercial & Development
Listed By: Phillip Shirk · License #B63101000
Source: Sweeneyrealestate
Added: Jan 31, 2024 Changed: Aug 15 Last Checked: Aug 16 at 2:21PM

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 AWRE - Commercial & Development

Investment Insights

Based on property information with market context.

Office unit #2 at 346 E Ridgeway Avenue provides 1,453 SF available for lease within a building constructed in 1973. The layout includes two private offices and a conference room, with room for additional private offices as needed. S-1 zoning supports the property’s office-oriented positioning.

The property is on E Ridgeway Avenue in Waterloo, with reported traffic of 9,600 ADT per day. Waterloo West High School, Mercy One, and multiple restaurants are nearby, providing established surrounding activity for office, counseling, or medical operations.

Key Highlights

  • 1,453 SF office unit available for lease
  • Two private offices and a conference room
  • Potential to add additional private offices

Property Analytics

Current Use

R C Management Property Management Company Zeerax (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Hair Salon HVAC Service Electrical Service Kitchen & Bath Showroom Nail Salon Gym & Fitness Center

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

890
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

Lease Benchmarks for Waterloo, IA

$8.76 /SF/Yr
Avg Asking Price
$0.54–$24 /SF/Yr
Price Range
13,202 SF
Avg Space Size

This space is priced 37% above the average of $8.76 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - The suite includes a conference room and two private offices for professional, counseling, or medical use.
Where is this office units located?
The property is located at 346 E Ridgeway Avenue #2 Waterloo, IA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,453 SF office unit available for lease; Two private offices and a conference room; Potential to add additional private offices
More about this property
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