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Renovated Corner Suite in Waterloo
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2101 FALLS AVE, Waterloo, IA 50701

Turnkey 840 SF suite in high-traffic Waterloo location.

Space Size840 SF
Days on Market106

Property Features for 2101 FALLS AVE

General Information

Standard status Active
Size 840 SF
Class B
Property subtype Retail, Office

Building Details

Building Size 840 SF
Year Built 1951
Tenancy Single

Spaces For Lease

at 2101 FALLS AVE Contact us

Space 1

Size
840 SF
Type
Office, Retail
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Berkshire Hathaway HomeServices One Realty Centre Waterloo
Listed By: Jared Hottle · License #S68688000
Source: Crexi
Added: May 19 Changed: Aug 18 Last Checked: Aug 29 at 8:55PM

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 Berkshire Hathaway HomeServices One Realty Centre Waterloo

Investment Insights

Based on property information with market context.

This 840 SF corner suite is located at the intersection of Magnolia Parkway and Falls Ave in central Waterloo, benefiting from high traffic of over 3,000 cars per day and significant signage visibility. The completely renovated suite features a new front window that provides natural light. The layout includes a professional front office area that opens to a large, flexible floor plan suitable for retail, office, or service use. Recent updates include new flooring, fresh paint and texture, LED lighting, and a fully updated bathroom. A side door facilitates deliveries, and a large basement provides storage space. The suite is climate-controlled with central AC and an efficient boiler system. The property is situated near new housing developments and active commercial construction in Waterloo's growth corridor, offering strong visibility, signage opportunities, and ample parking.

Key Highlights

  • Prime corner location at Magnolia Parkway and Falls Ave, seeing over 3,000 cars per day.
  • Completely renovated, turnkey 840 SF suite.
  • Outstanding signage visibility.

Property Analytics

Current Use

New Century Telecommunications Telecommunications Service Rack Temple Hosting ... Data Center

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Grocery & Convenience Store Locksmith

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

529
Businesses Nearby

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 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?
Retail space - Turnkey 840 SF suite in high-traffic Waterloo location.
Where is this retail space located?
The property is located at 2101 FALLS AVE Waterloo, IA.
What are key features of this property?
This property features: Prime corner location at Magnolia Parkway and Falls Ave, seeing over 3,000 cars per day.; Completely renovated, turnkey 840 SF suite.; Outstanding signage visibility.
(319) 288-5382 Call to check price and availability
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