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Former Expo School For Sale
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1410 Independence Ave, Waterloo, IA 50703

Adaptive reuse opportunity: former school with classrooms, gymnasium, auditorium.

Property Size112,829 SF
Price / SF$2.66
Days on Market188

Property Features for 1410 Independence Ave

General Information

Standard status Active
Size 112,829 SF
Property subtype Hospitality, Mixed Use, Office, Retail, Senior Living
Zoning C

Building Details

Year Built 1960
Buildings 1
Stories 3
Listing Agency: The Fischels Group
Listed By: Lance Bertram · License #B62767000
Source: Crexi
Added: Feb 4 Changed: Aug 8 Last Checked: Aug 11 at 5:56AM

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 The Fischels Group

Investment Insights

Based on property information with market context.

The property at 1410 Independence Ave, formerly the Expo School, presents an opportunity for adaptive reuse. The vacant property offers substantial square footage with numerous classrooms and flexible spaces. It features a full gymnasium and an auditorium with balcony seating. The mechanical infrastructure includes two functioning boilers. While there is no central air conditioning, many rooms are equipped with window A/C units. The layout and scale make this property suited for institutional, community, educational, nonprofit, office, or other specialty uses. The property is centrally located in Waterloo. The property size is 112829 square feet.

Key Highlights

  • Substantial square footage and flexible spaces, ideal for institutional, community, educational, nonprofit, office, or other specialty uses.
  • Unique auditorium with balcony seating, a feature difficult and costly to replicate.
  • Full gymnasium.

Property Analytics

Current Use

Waterloo Alternative Learning ... Training Center

Suggested Use

Top Pick Restaurant Building Supply Hair Salon Auto Parts Store Auto Repair Shop 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.

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby

Demographics for 50703, IA

18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
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?
School - Adaptive reuse opportunity: former school with classrooms, gymnasium, auditorium.
Where is this school located?
The property is located at 1410 Independence Ave Waterloo, IA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Substantial square footage and flexible spaces, ideal for institutional, community, educational, nonprofit, office, or other specialty uses.; Unique auditorium with balcony seating, a feature difficult and costly to replicate.; Full gymnasium.
More about this property
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