1657 Falls Avenue, Waterloo, IA 50701

Building Details

Year Built

1918

Listing office Lepic-Kroeger, REALTORS t***@gmail.com Show Phone

Listing date Jun 3, 2026

Source Pinnaclerealtyia

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 Lepic-Kroeger, REALTORS

Report an issue

---

Overview

This sales and service building combines customer-facing and operational space under one roof. The interior includes a lobby, offices, and a sales floor, supported by warehouse space with floor drains. The warehouse is served by three at-grade overhead doors, making it well-suited for deliveries and hands-on storage or light industrial needs. Outside, the property provides a large parking lot with 17 parking spaces on nearly one acre.

Located at the corner of Falls Avenue and Fletcher Avenue, the site offers visibility and convenient access to US Highway 218, known locally as the Avenue of the Saints. The corner position and on-site parking help support both walk-in traffic and vehicle-based operations.

For buyers seeking a versatile owner-user or multi-use commercial facility, this configuration offers practical separation between a customer-facing front area and functional warehouse space. The combination of offices, a sales floor, floor drains, and multiple at-grade doors supports a range of service, distribution, or small-scale industrial applications, with parking capacity for staff and visitors.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Waterloo

County

Black Hawk

State

Iowa

Longitude

-92.36578

Latitude

42.498188

Nearby Similar for Sale

• 

  $249,900

  2,560 SF

  New Waterloo Warehouse Near Highway

  New 40' x 64' steel warehouse near Hwy 218 corridor.

  320 W 14th Street, Waterloo, IA 50702

  View Details
• 

  $1,800,000

  9,600 SF

  Waterloo Industrial Property For Sale

  Turnkey truck service facility in Waterloo's Northeast Industrial Park.

  2317 Northeast Drive, Waterloo, IA 50703

  View Details
• 

  $999,000

  Fully Leased Multi-Tenant Investment Property

  Stabilized asset with national and local tenancy in Waterloo, Iowa.

  106 Brookeridge Drive, Waterloo, IA 50702

  View Details
• 

  $189,900

  4,475 SF

  Downtown Waterloo Commercial Building

  4,475 sq ft commercial building in downtown Waterloo, Iowa.

  106 E 9 Street, Waterloo, IA 50703

  View Details
• 

  $279,900

  Waterloo Commercial Property For Sale

  Commercial property with high visibility and easy highway access.

  2021 Commercial Street, Waterloo, IA 50702

  View Details
• 

  $549,900

  One-Level Triplex with Detached Garages

  Well-kept triplex in Waterloo with separately metered units, in-unit laundry, and detached garage spaces for each home.

  5309-5311 Blue Bonnet Drive, Waterloo, IA 50702

  View Details
• 

  $119,900

  Heated Shop and Office with Overhead Doors

  Heated shop with office area, two 12-foot overhead doors, and on-site bathroom, zoned M2.

  440 W Parker Street, Waterloo, IA 50703

  View Details
• 

  $179,900

  High-Visibility Corner Commercial Building

  Versatile commercial building with an open layout, kitchen with hood, two bathrooms, and ample off-street parking.

  504 Riehl Street, Waterloo, IA 50703

  View Details
• 

  $600

  2,410 SF

  Waterloo Office Suites For Sale

  Individual office suites in West Waterloo location for sale.

  3151 BROCKWAY Road, Waterloo, IA 50701

  View Details
• 

  $4,500

  2,410 SF

  West Waterloo Office Suites

  Individual office suites in desirable West Waterloo location.

  3151 BROCKWAY Road, Waterloo, IA 50701

  View Details
• 

  $270,000

  900 SF

  Waterloo Fourplex Investment Opportunity

  Fully occupied fourplex near downtown Waterloo with recent upgrades.

  911 Lafayette Street, Waterloo, IA 50703

  View Details
• 

  $2,381,000

  17,208 SF

  Class A Downtown Office Building

  Fully occupied Class A office building with renovated interiors, secure vault space, and more than 50 on-site parking stalls.

  402 East 4th Street, Waterloo, IA 50703

  View Details

FAQs

What type of property is this?

Flex space - Corner sales, office, and warehouse layout with three at-grade overhead doors and parking for 17 vehicles.

Where is this flex space located?

The property is located at 1657 Falls Avenue Waterloo, IA.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: 13,490 SF sales, office, and warehouse building on a nearly 1‑acre (0.99‑acre) lot; Corner location on Falls and Fletcher Avenues with easy access to US Hwy 218 (Avenue of the Saints); Includes lobby, office, sales floor, and warehouse space with floor drains