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Remodeled Office Suite
For Lease
$850/Mo

2207 Falls Avenue, Waterloo, IA 50701

Open-plan workspace includes two private offices and a dedicated bathroom.

Space Size760 SF
Property Size3,016 SF
Days on Market909

Property Features for 2207 Falls Avenue

General Information

Standard status Active
Size 760 SF
Net Rentable 760 SF
Zoning Commercial

Space & Availability

Available Space 760 SF
Contiguous Space 760 SF
Space Use Office
Condition Turnkey
Private Offices 2

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: Sweeneyrealestate
Added: Feb 15, 2024 Changed: Aug 11 Last Checked: Aug 11 at 1:35PM

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.

Located at 2207 Falls Avenue in Waterloo, this 760-square-foot office suite combines an open central workspace with two large private offices. A private bathroom is included within the suite, supporting a self-contained office configuration.

The space was recently remodeled, providing an updated interior for office occupancy. Originally built in 1967, the suite now offers a practical mix of collaborative area and enclosed rooms within a commercial setting.

Key Highlights

  • 760 square feet of office space
  • Open layout with a large main room
  • Two large private offices

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
$2.01 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

256
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

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

This space is priced 53% 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
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Frequently Asked Questions

What type of property is this?
Office units - Open-plan workspace includes two private offices and a dedicated bathroom.
Where is this office units located?
The property is located at 2207 Falls Avenue Waterloo, IA.
What is the lease rate?
The lease rate is $850/Mo.
What are key features of this property?
This property features: 760 square feet of office space; Open layout with a large main room; Two large private offices
More about this property
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