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Bar and Lounge Property
New
For Sale
$149,900

32 Lafayette Street, Waterloo, IA 50703

Open gathering areas, a small kitchen, and on-site parking support a flexible hospitality layout.

Property Size2,720 SF
Price / SF$55.11
Days on Market3

Property Features for 32 Lafayette Street

General Information

Standard status Active
Size 2,720 SF
Property subtype Commercial
Zoning R-3

Taxes and HOA fees

Annual Taxes $2,472

Amenities

open gathering and entertainment areas
small kitchen area
large parking area
Tile,Concrete
City Street
0.37
2720

Building Details

Building Size 2,720 SF
Year Built 1952
Stories 1
Listing Agency: Hawkeye Commercial
Listed By: Jami Gordon
Source: Pinnaclerealtyia
Added: Sep 11 Changed: Sep 12 Last Checked: Sep 13 at 4:35AM

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 Hawkeye Commercial

Investment Insights

Based on property information with market context.

This 2,720-square-foot commercial property is configured for bar, lounge, and event-center use. The interior includes open areas for gatherings and entertainment, a small kitchen, and tile and concrete finishes. Built in 1952, the building offers an existing hospitality-oriented layout with room for continued operation or reconfiguration.

Located at 32 Lafayette Street in Waterloo, the property fronts a city street and includes a large parking area for guests, customers, and staff. The site carries R-3 zoning, providing an additional land-use designation for review alongside the existing building configuration.

Key Highlights

  • 2,720‑square‑foot commercial property
  • Configured with bar, lounge, and event‑center areas
  • Open interior gathering and entertainment spaces

Property Analytics

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Current Use

32 Lafayette St., ... Bar & Pub El Coyote Bar & Pub

Suggested Use

Top Pick Electrical Service Pharmacy Garden Center Skin Care Clinic Storage Facility (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

911
Businesses Nearby
35k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Hotels & Casinos 27% Dining 9%
Courtyard Waterloo Cedar Falls Hotels & Casinos
9,215 visits/mo 0.4 miles
Dupaco Community Credit Union Shops & Services
5,822 visits/mo 0.4 miles
BP Shops & Services
5,020 visits/mo 0.4 miles
Dollar General Shops & Services
4,963 visits/mo 0.3 miles
Jimmy John's Dining
3,132 visits/mo 0.4 miles

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
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Behar Bar 312 W 4th St, Waterloo, IA 50701
  • Broken Record 315 W 4th St, Waterloo, IA 50701
  • Karma Bar 309 W 4th St, Waterloo, IA 50701
  • Rosiland 524 Washington St, Waterloo, IA 50701
  • Local Bar Hop 708 Jefferson St, Waterloo, IA 50701

Frequently Asked Questions

What type of property is this?
Bar & Pub - Open gathering areas, a small kitchen, and on-site parking support a flexible hospitality layout.
Where is this bar & pub located?
The property is located at 32 Lafayette Street Waterloo, IA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 2,720‑square‑foot commercial property; Configured with bar, lounge, and event‑center areas; Open interior gathering and entertainment spaces
More about this property
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