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Renovated Office Suite
For Lease
$13 SF/Yr

216 E 4th Street, Waterloo, IA 50703

Three private offices, reception, conference, storage, and a new restroom create a functional downtown workspace.

Space Size1,798 SF
Property Size6,992 SF
Days on Market772

Property Features for 216 E 4th Street

General Information

Standard status Active
Size 1,798 SF
Net Rentable 1,798 SF
Zoning C-3

Space & Availability

Available Space 1,798 SF
Contiguous Space 1,798 SF
Space Use Office
Private Offices 3
Meeting Rooms 1

Taxes and HOA fees

Annual Taxes $9,137

Building Details

Building Size 6,992 SF
Year Built 1907
Listing Agency: AWRE - Commercial & Development
Listed By: Phillip Shirk · License #B63101000
Source: Sweeneyrealestate
Added: Jul 2, 2024 Changed: Aug 6 Last Checked: Aug 11 at 2:43PM

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 AWRE - Commercial & Development

Investment Insights

Based on property information with market context.

This 1,798-square-foot office offering in downtown Waterloo includes three private offices, a reception area, conference room, storage, and a recently installed restroom. The property has undergone recent renovation, providing an updated setting for office operations within a historic building constructed in 1907.

The space is positioned along E 4th Street and is surrounded by established businesses and local attractions. C-3 zoning applies to the property. The existing layout combines private rooms with shared administrative and meeting areas, giving occupants a defined reception point, dedicated offices, conference space, and supporting storage.

Key Highlights

  • 1,798‑square‑foot office space in downtown Waterloo
  • Three private office rooms
  • Reception area and conference room

Property Analytics

Current Use

The Ferguson Real Estate ... Real Estate Agency

Suggested Use

Top Pick Skin Care Clinic Locksmith Pharmacy Home Appliance Store Catering Service Garden Center

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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,174
Businesses Nearby

Demographics for 50703, IA

18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
Median Home Value

Market

Lease Benchmarks for Waterloo, IA

$8.76 /SF/Yr
Avg Asking Price
$0.54–$24 /SF/Yr
Price Range
13,202 SF
Avg Space Size

This space is priced 48% above the average of $8.76 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Three private offices, reception, conference, storage, and a new restroom create a functional downtown workspace.
Where is this office units located?
The property is located at 216 E 4th Street Waterloo, IA.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 1,798‑square‑foot office space in downtown Waterloo; Three private office rooms; Reception area and conference room
More about this property
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