209 West 5th Street Waterloo, IA 50701

Spaces For Lease

at 209 West 5th Street Contact us

Listing office CBRE - Des Moines b***@cbre.com Show Phone

Listing date Apr 15, 2026

Source Cbre

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Investment Insights

Based on property information with market context.

The available first-floor space is located within the 8-story Russell Lamson Building, a historic rehabilitation completed in 2012. Originally constructed in 1914, the building was placed on the National Register of Historic Places in 2011 and includes 90 multi-family units. The space is suitable for office, retail, or restaurant use. The building is located in Downtown Waterloo, at the corner of W 5th Street and Commercial Street, three blocks from the Waterloo Convention Center, RiverLoop Expo Center, and Cedar Valley Sportsplex. On-street parking is available. The space has corner exposure and is anchored by the Brown Bottle Italian Restaurant. The property size is 3518 square feet.

Key Highlights

• Suitable for office, retail, or restaurant use.
• Corner exposure on W 5th Street and Commercial Street in Downtown Waterloo.
• Located in the historic Russell Lamson Building, a National Register of Historic Places property.

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FAQs

What type of property is this?

Office units - First floor space suitable for retail, office, or restaurant.

Where is this office units located?

The property is located at 209 West 5th Street Waterloo, IA.

What is the lease rate?

The lease rate is $10 SF/Yr.

What are key features of this property?

This property features: Suitable for office, retail, or restaurant use.; **Corner exposure** on W 5th Street and Commercial Street in Downtown Waterloo.; Located in the historic Russell Lamson Building, a National Register of Historic Places property.