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Three-Office Commercial Unit
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2315 Falls Avenue, Waterloo, IA 50701

C-1 office space with three private rooms and access to shared hallway restrooms.

Property Size12,500 SF
Price / SF$0.93
Days on Market5

Property Features for 2315 Falls Avenue

General Information

Standard status Active
Size 12,500 SF
Property subtype Commercial
Zoning C-1
Lease Type Gross

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,125

Amenities

0.29
12500

Building Details

Building Size 12,500 SF
Year Built 1972
Tenancy Multi
Listing Agency: Re/Max Concepts
Listed By: Tina Wing
Source: Pinnaclerealtyia
Added: Sep 18 Changed: Sep 21 Last Checked: Sep 21 at 5:27AM

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 Re/Max Concepts

Investment Insights

Based on property information with market context.

This 675-square-foot office unit at 2315 Falls Avenue includes three private offices within a commercial building constructed in 1972. The layout also offers space that could serve as a waiting room or reception area, depending on the occupant’s needs. Restrooms are located in the hallway and shared by building tenants.

The property is zoned C-1, and utilities are billed at a flat rate. The unit provides a defined office configuration with private rooms and access to common building facilities.

Key Highlights

  • 675‑square‑foot office unit
  • Three private offices
  • Potential waiting room or reception area

Property Analytics

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Current Use

Michael & Associates Insurance Agency Amani Community Services Charitable Organization Hickory Tax Services ... Tax Preparation Security Tax Services/Shirley ... Tax Preparation G & I Tax ... Tax Preparation

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

Multi-tenant
Tenancy
Yes
Utilities to site

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
View Realmo Analytics

Market

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 - C-1 office space with three private rooms and access to shared hallway restrooms.
Where is this office units located?
The property is located at 2315 Falls Avenue Waterloo, IA.
What are key features of this property?
This property features: 675‑square‑foot office unit; Three private offices; Potential waiting room or reception area
More about this property
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