Retail Space with
New
For Sale
$1,395,000
2501 Melrose Drive, Cedar Falls, IA 50613
Commercial Sale, Cedar Falls, IA
Property SizeContact for details
Lot Size2.09 Acres
Days on Market2
Property Features for 2501 Melrose Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
S-1
Directions
Use Google Maps
Standard status
Active
APN
891318355009
Lot size
2.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HOLIDAY PLAZA ADDITION LOT 4 EXC S 200 FT AND EXC N 61 FT AND EXC W 140 FT OF N 263 FT OF S 463 FT AND EXC S 185 FT OF N 246 FT W 60 FT
Tax Annual Amount
29712
Legal Description
HOLIDAY PLAZA ADDITION LOT 4 EXC S 200 FT AND EXC N 61 FT AND EXC W 140 FT OF N 263 FT OF S 463 FT AND EXC S 185 FT OF N 246 FT W 60 FT
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Forced Air
Cooling system
Central Air
Building Details
Year built
1984
Flooring type
Concrete
Building materials
Brick
Roof type
Membrane
Listing Agency:
Century 21 Signature RE- Waverly · Century 21 Real Estate
(319) 352-1157
Listed By:
Timothy Lalk · License #S71966000
(319) 504-9351
Added: Sep 21
Changed: Sep 22
Last Checked: Sep 22 at 3:06PM
MLS# 20264560
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.
Investment Insights
Based on property information with market context.
This retail property occupies a 2.09-acre commercial site with multiple existing improvements. The primary building contains 7,475 square feet of retail area, HVAC, a wet sprinkler system, and a 516-square-foot finished mezzanine. Supporting improvements include a 900-square-foot warehouse with loading dock, an 1,800-square-foot greenhouse, and a 1,152-square-foot attached canopy. The buildings are brick construction with concrete flooring, membrane roofing, central air, and hot water and forced-air heating. Existing fixtures have largely been removed, leaving the interior available for reconfiguration.\n\nThe property is located at 2501 Melrose Drive in Cedar Falls, Iowa. Approximately 39,000 square feet of concrete paving provides extensive on-site hardscape, parking, and outdoor-use area. The site is served by public sewer and has water available, with S-1 zoning.
Key Highlights
- 2.09‑acre commercial site at 2501 Melrose Drive, Cedar Falls, IA 50613
- 7,475 SF main retail building with HVAC and wet sprinkler system
- 900 SF warehouse with loading dock
Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Explore this area
Business Placement
Demographics for 50613, IA
43,667
Population
17,808
Households
2.5
Avg Household Size
32
Median Age
48%
College-Educated
97%
High-School Grad
127.6 sq mi
ZIP Area
342
Density / Sq Mi
$75,642
Median Household Income
$33,099
Median Earnings
$1,176
Median Rent
$258,300
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial improvements include HVAC, a loading dock, greenhouse, finished mezzanine, and substantial paved outdoor area.
Where is this retail space located?
The property is located at 2501 Melrose Drive Cedar Falls, IA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 2.09‑acre commercial site at 2501 Melrose Drive, Cedar Falls, IA 50613; 7,475 SF main retail building with HVAC and wet sprinkler system; 900 SF warehouse with loading dock
