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Renovated Main-Floor Office Suite
For Lease
$15 SF/Yr

302 Commercial Street #A, Waterloo, IA 50701

C-3-zoned workspace includes private offices, conference facilities, a kitchenette, and on-site parking.

Space Size1,962 SF
Property Size7,000 SF
Days on Market148

Property Features for 302 Commercial Street #A

General Information

Standard status Active
Size 1,962 SF
Net Rentable 1,962 SF
Zoning C-3

Space & Availability

Available Space 1,962 SF
Contiguous Space 1,962 SF
Floor Main Floor
Space Use Office
Private Offices 3
Meeting Rooms 1

Taxes and HOA fees

Annual Taxes $42,624

Amenities

shared restroom facilities
on-site parking

Building Details

Building Size 7,000 SF
Year Built 1910
Listing Agency: Miehe Commercial Real Estate
Listed By: Matt Miehe, CCIM · License #B58183000
Source: Sweeneyrealestate
Added: Apr 7 Changed: Aug 30 Last Checked: Aug 31 at 5:10PM

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 Miehe Commercial Real Estate

Investment Insights

Based on property information with market context.

This main-floor office suite within the redeveloped Friedle Bakery Building provides approximately 1,962 square feet of professional workspace. The layout includes three private offices, a conference room, kitchenette, reception area, and waiting area. Recent renovations and modern finishes create an updated setting, while shared restrooms serve the suite.

The property is located in a revitalized downtown district at 302 Commercial Street and sits directly across from SingleSpeed Brewing Co. The office is also near the Cedar Valley SportsPlex, RiverLoop Expo Plaza, Young Arena, the Waterloo Center for the Arts, and the RiverLoop Amphitheatre. C-3 zoning and ample on-site parking add practical support for office occupancy.

Key Highlights

  • Approximately 1,962 square feet of office space on the main floor
  • Three private offices plus a dedicated conference room
  • Reception and waiting area with kitchenette

Property Analytics

Current Use

Rick Bauer Real Estate Agency Rick Bauer Team ... Real Estate Agency Dark Rose Salon Hair Salon Karen Kayser Real Estate Agency RE/MAX Concepts - Waterloo Real Estate Agency

Suggested Use

Top Pick Pharmacy Skin Care Clinic Garden Center Storage Facility Locksmith Home Appliance 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,285
Businesses Nearby

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

$12.17 /SF/Yr
Avg Asking Price
$1.1–$20 /SF/Yr
Price Range
12,805 SF
Avg Space Size

This space is priced 23% above the average of $12.17 /SF/Yr.

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?
Office units - C-3-zoned workspace includes private offices, conference facilities, a kitchenette, and on-site parking.
Where is this office units located?
The property is located at 302 Commercial Street #A Waterloo, IA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Approximately 1,962 square feet of office space on the main floor; Three private offices plus a dedicated conference room; Reception and waiting area with kitchenette
More about this property
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