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Lower-Level Office Unit
For Lease
$600/Mo

2327 Falls Avenue #5, Waterloo, IA 50701

Office and retail space with enclosed offices, reception potential, and shared hallway restrooms.

Space Size920 SF
Property Size6,080 SF
Days on Market831

Property Features for 2327 Falls Avenue #5

General Information

Standard status Active
Size 920 SF
Net Rentable 920 SF
Zoning C-1

Space & Availability

Available Space 920 SF
Contiguous Space 920 SF
Floor Lower Level
Space Use Office
Private Offices 4

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $4,366

Building Details

Building Size 6,080 SF
Year Built 1975
Tenancy Multi
Listing Agency: AWRE - Commercial & Development
Listed By: Lindsey McEnaney · License #S70812000
Source: Sweeneyrealestate
Added: May 14, 2024 Changed: Aug 21 Last Checked: Aug 21 at 2:09PM

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.

This 920-square-foot lower-level office unit combines office and retail functionality in a compact commercial layout. The space has four enclosed offices, along with room that can accommodate a waiting or reception area. Restrooms are shared with other occupants in the hallway.

Located at 2327 Falls Avenue #5 in Waterloo, the property carries C-1 zoning and was built in 1975. The unit is suited to an office user seeking multiple private rooms with a customer-facing area within the existing layout.

Key Highlights

  • 920 square feet of lower‑level office and retail space
  • Four enclosed offices within the unit
  • Layout includes potential for a waiting room or reception area

Property Analytics

Current Use

M&D Expedited Services, ... Trucking Company Peachtree Realty Real Estate Agency Hawthorne Rentals Property Management Company Body Esthetics By ... (Bike/Boat/Book/etc) Store Edge RPM Property Management Company

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
NNN (Triple Net)
Lease Type
$1.17 /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

$20.15 /SF/Yr
Avg Asking Price
$1.1–$200 /SF/Yr
Price Range
10,143 SF
Avg Space Size

This space is priced 61% below the average of $20.15 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office and retail space with enclosed offices, reception potential, and shared hallway restrooms.
Where is this office units located?
The property is located at 2327 Falls Avenue #5 Waterloo, IA.
What is the lease rate?
The lease rate is $600/Mo.
What are key features of this property?
This property features: 920 square feet of lower‑level office and retail space; Four enclosed offices within the unit; Layout includes potential for a waiting room or reception area
More about this property
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