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Light Manufacturing Flex Building
For Sale
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2920 Janet Drive, Waterloo, IA 50703

Well-maintained M-1 flex building with finished office space, mezzanine shop office, and dock and overhead doors.

Property Size15,000 SF
Lot Size1.27 Acres
Days on Market128

Property Features for 2920 Janet Drive

General Information

Standard status Active
Size 15,000 SF
Lot size 1.27 Acres
Property subtype Industrial
Zoning M-1
Listing Agency: Lockard
Listed By: Steve Knapp · License #IA B03924
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 7:15PM

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 Lockard

Investment Insights

Based on property information with market context.

Well-located and well-maintained light manufacturing flex building zoned M-1. The property totals just under 15,000 square feet and includes finished office space with an open floor plan, along with mezzanine shop office space.

The 1.27-acre site provides parking and offers access to dock and overhead doors, supporting efficient loading and operations.

For sale and available immediately, the building’s layout combines workplace office improvements with dedicated shop space for light manufacturing use under the existing M-1 zoning.

Key Highlights

  • Well‑maintained 15,000+ SF building zoned M‑1 for light manufacturing
  • Includes finished office space with an open floor plan plus mezzanine shop office space
  • 1.27‑acre site with great on‑site parking

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Garden Center Kitchen & Bath Showroom Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

54
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50703, IA

18,913
Population
8,705
Households
2.2
Avg Household Size
38
Median Age
13%
College-Educated
87%
High-School Grad
93.2 sq mi
ZIP Area
203
Density / Sq Mi
$49,412
Median Household Income
$33,105
Median Earnings
$926
Median Rent
$92,500
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?
Flex space - Well-maintained M-1 flex building with finished office space, mezzanine shop office, and dock and overhead doors.
Where is this flex space located?
The property is located at 2920 Janet Drive Waterloo, IA.
What are key features of this property?
This property features: Well‑maintained 15,000+ SF building zoned M‑1 for light manufacturing; Includes finished office space with an open floor plan plus mezzanine shop office space; 1.27‑acre site with great on‑site parking
More about this property
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