Building Details

Building Size 42,814 SF

Year Built 1960

Listing Agency: SATTLER REALTY Show Phone

Listed By: Sara Kruse Show Phone

Source: Pinnaclerealtyia

Added: Sep 2 Changed: Sep 3 Last Checked: Sep 4 at 3:55AM

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Investment Insights

Based on property information with market context.

Located at 2840 University Avenue in Waterloo, this 9,392-square-foot commercial property was built in 1960 and offers a flexible interior configuration. The space can accommodate retail, office, showroom, service, and other commercial uses, with C-2 zoning supporting its commercial positioning.

The property fronts the University Avenue corridor and provides convenient access with ample on-site parking. Its adaptable floor plan gives occupants room to organize customer-facing areas, workspaces, displays, or service functions within one commercial setting.

Key Highlights

• 9,392 square feet of flexible commercial space
• C‑2 zoning
• Built in 1960

Property Analytics

Current Use

Iowa Liquidation Deals Discount Store

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.

Location Intelligence

Trade Area within ½ mile

524

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - The adaptable layout accommodates retail, office, showroom, and service uses.

Where is this flex space located?

The property is located at 2840 University Avenue Waterloo, IA.

What are key features of this property?

This property features: 9,392 square feet of flexible commercial space; C‑2 zoning; Built in 1960