Exposed Brick Retail
For Sale
Contact for pricing
319 Main Street, Cedar Falls, IA 50613
Open-plan storefront with large windows, natural light, central air, and NNN lease structure.
Property Size2,200 SF
Price / SF$0.01
Days on Market176
Property Features for 319 Main Street
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Commercial
Zoning
CD-DT
Lease Type
Net
Taxes and HOA fees
Annual Taxes
$9,317
Amenities
large storefront windows
exposed brick walls
Close to Shopping
City Street
0.7
2200
Building Details
Building Size
2,200 SF
Year Built
1899
Stories
2
Construction
brick
Listing Agency:
IOWA REALTY
(319) 393-0900
Listed By:
Ali Rashid
(319) 333-2886
Source:
Pinnaclerealtyia
Added: Apr 24
Changed: Oct 15
Last Checked: Oct 16 at 6:07AM
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 IOWA REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,200-square-foot retail space occupies a historic commercial building constructed in 1899. The open interior offers a flexible starting point for a new retail concept, with exposed brick adding architectural character. Large storefront windows bring in natural light and support visibility from Main Street, while central air is in place for interior climate control.
The property is positioned in Downtown Cedar Falls at 319 Main Street, Cedar Falls, IA 50613. The space is offered with an NNN lease structure, providing a straightforward framework for commercial occupancy.
The property is positioned in Downtown Cedar Falls at 319 Main Street, Cedar Falls, IA 50613. The space is offered with an NNN lease structure, providing a straightforward framework for commercial occupancy.
Key Highlights
- 2,200‑square‑foot retail space in a building constructed in 1899
- Large storefront windows provide natural light and Main Street exposure
- Open interior layout with exposed brick walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,827
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,540
$436.5K
Cap Rate 7%
$311,814
$311.8K
Cap Rate 9%
$242,522
$242.5K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$34.1K $15.48/SF
− Vacancy
−$2.9K −$1.31/SF
EGI
$31.2K $14.17/SF
− OpEx
−$9.4K −$4.25/SF
NOI
$21.8K $9.92/SF
Area
Black Hawk County, IA
Vacancy
8.44%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,540
Cap Rate 7%
$311,814
Cap Rate 9%
$242,522
Alternative Uses
Best Use
Retail
$311.8K
$272.8K – $363.8K
NOI $21,827 @ 7.0% cap · market cap 167,900.00%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$2.76M
$2.41M – $3.22M
NOI $193,050 @ 7.0% cap · market cap 1,485,000.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
46k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 32%
Hotels & Casinos 7%
McDonald's
Dining
19,202 visits/mo
0.3 miles
Casey's General Store
Shops & Services
12,039 visits/mo
0.3 miles
Scooter's Coffee
Dining
7,465 visits/mo
0.2 miles
Hampton Inn & Suites
Hotels & Casinos
3,290 visits/mo
0.1 miles
U.S. Bank
Shops & Services
2,796 visits/mo
0.0 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Open-plan storefront with large windows, natural light, central air, and NNN lease structure.
Where is this retail space located?
The property is located at 319 Main Street Cedar Falls, IA.
What are key features of this property?
This property features: 2,200‑square‑foot retail space in a building constructed in 1899; Large storefront windows provide natural light and Main Street exposure; Open interior layout with exposed brick walls
