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Office Suite with Private Offices

216 E 4th Street, Waterloo, IA 50703

For Lease
$13 SF/Yr

Renovated workspace includes a reception area, conference room, storage, and a new restroom.

Space Size1,798 SF
Property Size6,992 SF
Days on Market862

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 IA B63101000
Source: Gnbrealestate
Added: Jul 2, 2024 Changed: Nov 10 Last Checked: Nov 9 at 2:13PM

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

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Investment Insights

Based on property information with market context.

A 1,798-square-foot office suite is available within a 6,992-square-foot property built in 1907. The renovated space includes three private offices, a reception area, a conference room, storage, and a new restroom. The property is zoned C-3.

Located in downtown Waterloo at 216 E 4th Street, the office is surrounded by established businesses.

Key Highlights

  • 1,798 square feet of office space available for lease
  • Three private offices, reception area, conference room, storage, and a new restroom
  • 6,992‑square‑foot property built in 1907

Property Analytics

Current Use

The Ferguson Real Estate ... Real Estate Agency

Suggested Use

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

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

1,286
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

$23.43 /SF/Yr
Avg Asking Price
$2.21–$180 /SF/Yr
Price Range
17,214 SF
Avg Space Size

This space is priced 45% below the average of $23.43 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Waterloo, IA

$8.93 Jul
$11.95 Aug
$12.66 Sep
$24.23 Oct

Properties on Market for Office Units in Waterloo

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Renovated workspace includes a reception area, conference room, storage, and a new restroom.
Where is this office unit 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 feet of office space available for lease; Three private offices, reception area, conference room, storage, and a new restroom; 6,992‑square‑foot property built in 1907
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