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Updated Office Suite
For Lease
$1,200/Mo

2205 Falls Avenue, Waterloo, IA 50701

C-1 zoning and a private bathroom complement a flexible workspace with dedicated offices and lower-level support space.

Space Size1,204 SF
Property Size3,016 SF
Days on Market856

Property Features for 2205 Falls Avenue

General Information

Standard status Active
Size 1,204 SF
Net Rentable 1,204 SF
Zoning C-1

Space & Availability

Available Space 1,204 SF
Contiguous Space 1,204 SF
Space Use Office
Private Offices 3

Taxes and HOA fees

Annual Taxes $2,992

Building Details

Building Size 3,016 SF
Year Built 1967
Listing Agency: AWRE - Commercial & Development
Listed By: Phillip Shirk · License #B63101000
Source: Mainrealty
Added: Jun 27, 2024 Changed: Oct 30 Last Checked: Oct 30 at 1:43AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This updated office suite contains 1,204 square feet, arranged around a spacious central work area and three private offices. A lower level provides break and storage space, and the suite includes a private bathroom. The building dates to 1967.

Located at 2205 Falls Avenue in Waterloo, the property is zoned C-1.

Key Highlights

  • 1,204 square feet of updated office space
  • Open central work area with three private offices
  • Lower‑level break room and storage

Property Analytics

Current Use

Office Units

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.

Lease Details

NNN (Triple Net)
Lease Type
$1.79 /SF/Yr
CAM

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

Market

Lease Benchmarks for Waterloo, IA

$12.82 /SF/Yr
Avg Asking Price
$2.21–$32 /SF/Yr
Price Range
15,892 SF
Avg Space Size

This space is priced 7% below the average of $12.82 /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

Frequently Asked Questions

What type of property is this?
Office unit - C-1 zoning and a private bathroom complement a flexible workspace with dedicated offices and lower-level support space.
Where is this office unit located?
The property is located at 2205 Falls Avenue Waterloo, IA.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: 1,204 square feet of updated office space; Open central work area with three private offices; Lower‑level break room and storage
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Includes: Price & PSF · Cap rate · Location · Zoning

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