Search
University Avenue Retail Space
New
For Lease
Contact for pricing

2830 University Avenue, Waterloo, IA 50701

Commercial Lease, Waterloo, IA

Space Size17,422 SF
Lot Size2.44 Acres
Days on Market3

Property Features for 2830 University Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning C-2
Directions Use Access road between Falls Ave. & Sager Ave.
Standard status Active
APN 891321455034
Lot size 2.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description AS Per Abstract- KEARNS ADDITION PARCEL F OF PLAT OF SURVEY DOC #2005-07199 BEING LOTS 91 AND 92 OF SAID ADDITION AND A PART OF SW 1/4 OF SE 1/4 OF SEC 21 T 89 R 13 AND A PART OF ALLEY IN AUDITOR BARNES PLAT NO 3 DESC AS BEG NE COR OF LOT 92 KEARNS ADDITI
Tax Annual Amount 39954
Legal Description AS Per Abstract- KEARNS ADDITION PARCEL F OF PLAT OF SURVEY DOC #2005-07199 BEING LOTS 91 AND 92 OF SAID ADDITION AND A PART OF SW 1/4 OF SE 1/4 OF SEC 21 T 89 R 13 AND A PART OF ALLEY IN AUDITOR BARNES PLAT NO 3 DESC AS BEG NE COR OF LOT 92 KEARNS ADDITI

Amenities

on-site parking

Building Details

Year built 1960
Listing Agency: Oakridge Real Estate
Listed By: Stephen Jordan · License #B63146000
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 3 at 1:06AM
MLS# 20264193

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 space offers 17,422 square feet of adaptable commercial area within a building constructed in 1960. The configuration supports retail, office, showroom, service, and other commercial uses, with C-2 zoning providing the stated land-use designation. On-site parking is included.

The property is positioned at 2830 University Avenue in Waterloo, Iowa, along the University Avenue corridor. Its location provides access to the corridor and visibility from the avenue, with a 2.44-acre site supporting the commercial improvements and parking area.

Key Highlights

  • 17,422 square feet of flexible commercial space
  • C‑2 zoning
  • 2.44‑acre site

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Restaurant Pharmacy Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 49%
Waterloo #4 Shops & Services
11,564 visits/mo 0.3 miles
Burger King Dining
9,597 visits/mo 0.4 miles
SUBWAY Dining
2,890 visits/mo 0.5 miles
Pizza Hut Dining
2,308 visits/mo 0.4 miles
Liberty Tax Shops & Services
1,558 visits/mo 0.1 miles

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

$20.48 /SF/Yr
Avg Asking Price
$1.1–$40 /SF/Yr
Price Range
12,781 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial layout with C-2 zoning and on-site parking for retail, office, showroom, or service uses.
Where is this retail space located?
The property is located at 2830 University Avenue Waterloo, IA.
What are key features of this property?
This property features: 17,422 square feet of flexible commercial space; C‑2 zoning; 2.44‑acre site
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message