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Retail Suite with Flexible Layout
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2101 Falls Avenue, Waterloo, IA 50701

A renovated space pairs a street-facing window with a separate side entrance and substantial basement storage.

Property Size2,600 SF
Price / SF$1.01
Days on Market138

Property Features for 2101 Falls Avenue

General Information

Standard status Active
Size 2,600 SF
Property subtype Commercial
Zoning c
Lease Type Gross

Taxes and HOA fees

Annual Taxes $2,479

Amenities

0.12
2600

Building Details

Building Size 2,600 SF
Year Built 1951
Listing Agency: SKOGMAN REALTY COMMERCIAL
Listed By: Ryan Eighme
Source: Pinnaclerealtyia
Added: May 18 Changed: Oct 1 Last Checked: Oct 1 at 10:12AM

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 SKOGMAN REALTY COMMERCIAL

Investment Insights

Based on property information with market context.

This 840-square-foot retail suite was built in 1951 and has since received updates to its flooring, paint and texture, lighting, front window, and bathroom. A front office leads into an open area that can accommodate a range of layouts. The suite also includes a side entrance, basement storage, central air conditioning, and boiler heat.

The property is at Falls Avenue and Magnolia Parkway in Waterloo, at an intersection reported to carry more than 3,000 vehicles daily. New housing developments and ongoing commercial construction are nearby. On-site parking is described as ample.

Key Highlights

  • 840 SF retail suite with an open area beyond the front office
  • Renovations include flooring, paint and texture, LED lighting, a front window, and an updated bathroom
  • Basement storage and a separate side entrance

Property Analytics

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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.

Location Intelligence

Trade Area within ½ mile

529
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 65% Shops & Services 35%
Burger King Dining
9,597 visits/mo 0.3 miles
Family Dollar Shops & Services
6,237 visits/mo 0.4 miles
SUBWAY Dining
2,890 visits/mo 0.4 miles
Pizza Hut Dining
2,308 visits/mo 0.3 miles
Domino's Pizza Dining
1,641 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - A renovated space pairs a street-facing window with a separate side entrance and substantial basement storage.
Where is this retail space located?
The property is located at 2101 Falls Avenue Waterloo, IA.
What are key features of this property?
This property features: 840 SF retail suite with an open area beyond the front office; Renovations include flooring, paint and texture, LED lighting, a front window, and an updated bathroom; Basement storage and a separate side entrance
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