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Medical Office and Retail Space
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2520 Melrose Drive, Cedar Falls, IA 50613

Nicely finished 3,000 SF office/retail suite with medical setup, including exam rooms, offices, reception, and two restrooms.

Property Size10,900 SF
Price / SF$0.00
Days on Market399

Property Features for 2520 Melrose Drive

General Information

Standard status Active
Size 10,900 SF
Property subtype Commercial
Zoning C-2
Lease Type Net

Taxes and HOA fees

Annual Taxes $37,594

Amenities

Tile,Carpet,Concrete
Close to Shopping
City Street,Paved 4Lane
1.03
10900

Building Details

Building Size 10,900 SF
Year Built 1967
Stories 1
Listing Agency: HEARTLAND INVESTMENT REAL ESTATE, LLC
Listed By: Sara Kruse
Source: Pinnaclerealtyia
Added: Aug 5, 2025 Changed: Sep 7 Last Checked: Sep 7 at 6:19AM

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 HEARTLAND INVESTMENT REAL ESTATE, LLC

Investment Insights

Based on property information with market context.

This conveniently located strip-center suite offers 3,000 sq. ft. of nicely finished office/retail space, currently set up for medical-related use. The layout includes a reception and waiting area, an administrative area, two restrooms, three large exam rooms, several offices, and ample storage space.

The property is part of a strip center and is offered for sale. Estimated NNN expenses are $5.50 PSF.

The interior configuration supports a medical office format with dedicated patient-facing and administrative areas, along with multiple exam rooms and back-office storage.

Key Highlights

  • Nicely finished 3,000 SF office/retail space in a strip center
  • Currently set up for medical use with a reception/waiting area and administrative area
  • Includes three large exam rooms plus several offices and ample storage space

Property Analytics

Current Use

Escapology Escape Rooms ... Arcade & Gaming Center handy laundry (Bike/Boat/Book/etc) Store Dr. Susan C. ... Physician Absolute Beauty Hair Salon

Suggested Use

Top Pick Law Firm Electrical Service Dental Office (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

491
Businesses Nearby
Well-served
Demand for This Use

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

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?
Medical Office Space - Nicely finished 3,000 SF office/retail suite with medical setup, including exam rooms, offices, reception, and two restrooms.
Where is this medical office space located?
The property is located at 2520 Melrose Drive Cedar Falls, IA.
What are key features of this property?
This property features: Nicely finished 3,000 SF office/retail space in a strip center; Currently set up for medical use with a reception/waiting area and administrative area; Includes three large exam rooms plus several offices and ample storage space
More about this property
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