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Mixed-Use Building with Warehouse
New
For Sale
$160,000

2201 Falls Avenue, Waterloo, IA 50701

Commercial Sale, Waterloo, IA

Property SizeContact for details
Lot Size0.12 Acres
Days on Market3

Property Features for 2201 Falls Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning comm
Directions Across from the old Edison elem school and new housing addition
Standard status Active
APN 891322355007
Lot size 0.12 Acres

Site & Location

Corner Location Yes
Mixed-Use Components retail, warehouse

Additional Details

Property Use Retail Showroom and Warehouse

Taxes and HOA fees

Tax Year 2025
Tax Description Hagerman place all lot 1 blk 7
Tax Annual Amount 2590
Legal Description Hagerman place all lot 1 blk 7

Amenities

speakers wired throughout most rooms
kitchenette

Building Details

Year built 1929
Buildings 1
Listing Agency: Re/Max Concepts · RE/MAX International
Listed By: Sandy Stuber
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 24 at 5:06AM
MLS# 20265216

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This mixed-use commercial property combines a retail showroom with office and warehouse areas. The main floor includes a reception area, four office or conference rooms, a kitchenette, and a restroom. Speakers are wired through most rooms, and the basement has been sealed for storage or work space. The building also has new roof shingles and parking at the rear and along the side street.

At 2201 Falls Avenue in Waterloo, the property occupies a 0.12-acre corner lot on a heavily traveled road. Its location offers access to downtown Waterloo and neighboring Cedar Falls. Built in 1929, the building is zoned commercial.

Key Highlights

  • Retail showroom and warehouse space in one mixed‑use building
  • Four main‑floor office or conference rooms, plus reception area
  • Sealed basement provides additional storage or work space

Property Analytics

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Current Use

Hawkeye Communication Security Service

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

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
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail showroom space, offices, and basement storage bring several functions together under one roof.
Where is this mixed-use property located?
The property is located at 2201 Falls Avenue Waterloo, IA.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Retail showroom and warehouse space in one mixed‑use building; Four main‑floor office or conference rooms, plus reception area; Sealed basement provides additional storage or work space
More about this property
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