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Restored Two-Story Office Units
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215 Franklin Street, Cedar Falls, IA 50613

Historic commercial space with adaptable rooms, client reception, storage, parking, and accessible entry near downtown Cedar Falls.

Property Size2,668 SF
Price / SF$0.90
Days on Market133

Property Features for 215 Franklin Street

General Information

Standard status Active
Size 2,668 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $5,730

Amenities

Central Air
3

Building Details

Year Built 1889
Listing Agency: Berkshire Hathaway Home Services One Realty Centre
Listed By: Danielle Morris · License #S614440
Source: Xome
Added: Apr 20 Changed: Aug 29 Last Checked: Aug 29 at 4:26PM

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 Home Services One Realty Centre

Investment Insights

Based on property information with market context.

Built in 1889, this two-story office property combines a restored historic setting with practical business improvements. The 2,668-square-foot building can accommodate 6 to 8 office spaces, along with a reception area, kitchenette, and 3 bathrooms, including one with a shower. Central air supports year-round comfort, while a full lower level provides additional storage capacity.

The property is located at 215 Franklin Street near downtown Cedar Falls. A private parking lot supplies off-street parking for staff and visitors, and an ADA ramp provides accessible entry to the main entrance. Preserved architectural details add character to the professional layout, which can support an office-oriented configuration or other commercial use consistent with the property’s design.

Key Highlights

  • 2,668 SF two‑story office property built in 1889
  • Flexible layout with 6 to 8 office spaces
  • 3 bathrooms, including one with a shower

Property Analytics

Current Use

Caitlin Pixler Marriage Or Relationship Counselor State Street Counseling ... Crisis Center

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility 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

838
Businesses Nearby

Demographics for 50613, IA

43,667
Population
17,808
Households
2.5
Avg Household Size
32
Median Age
48%
College-Educated
97%
High-School Grad
127.6 sq mi
ZIP Area
342
Density / Sq Mi
$75,642
Median Household Income
$33,099
Median Earnings
$1,176
Median Rent
$258,300
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?
Office units - Historic commercial space with adaptable rooms, client reception, storage, parking, and accessible entry near downtown Cedar Falls.
Where is this office units located?
The property is located at 215 Franklin Street Cedar Falls, IA.
What are key features of this property?
This property features: 2,668 SF two‑story office property built in 1889; Flexible layout with 6 to 8 office spaces; 3 bathrooms, including one with a shower
More about this property
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