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Corner Storefront Property
New
For Sale
$699,000

320 W 1st Street, Cedar Falls, IA 50613

SINGLE_FAMILY - Cedar Falls, IA

Property SizeContact for details
Lot Size0.39 Acres
Days on Market2

Property Features for 320 W 1st Street

General Information

Property type Residential
Property subtype Office
Zoning DT-Urban
Directions Intersection of 1st and Franklin
Standard status Active
APN 891412178001
Lot size 0.39 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ORIGINAL PLAT CEDAR FALLS LOT 7 BLK 17 LOT 8 BLK 17 AND EASE B 7 P 763 AND EXC HWY B 585 P 641
Tax Annual Amount 16380
Legal Description ORIGINAL PLAT CEDAR FALLS LOT 7 BLK 17 LOT 8 BLK 17 AND EASE B 7 P 763 AND EXC HWY B 585 P 641

Building Details

Year built 1930
Listing Agency: Structure Real Estate
Listed By: Brian Wingert · License #B60468000
Added: Aug 3 Last Checked: Aug 4 at 7:06AM
MLS# 20263608

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.39-acre property includes a storefront building constructed in 1930. The open-concept interior supports business, office, or retail use, with a layout that may accommodate remodeling. The property has been occupied by the same tenant for more than 30 years and is offered for sale.

Located at the intersection of W 1st Street, identified as Hwy 57, and Franklin Street in Cedar Falls, the site occupies a hard corner with reported traffic exceeding 18,000 vehicles per day. DT-Urban zoning applies. Adjacent properties south of the site are also confirmed available for purchase, creating the possibility of assembling additional land for a larger redevelopment project.

Key Highlights

  • 0.39‑acre hard‑corner site at W 1st Street and Franklin Street
  • 18,000+ cars pass the intersection per day
  • DT‑Urban zoning designation

Property Analytics

Current Use

Flowerama Cedar Falls (Bike/Boat/Book/etc) Store 1800 flowers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility

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

18,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 74% Shops & Services 25% Beauty & Spa 1%
McDonald's Dining
19,202 visits/mo 0.4 miles
Cedar Falls #6 Shops & Services
11,788 visits/mo 0.3 miles
Scooter's Coffee Dining
7,465 visits/mo 0.5 miles
SUBWAY Dining
3,513 visits/mo 0.2 miles
Pita Pit Dining
3,155 visits/mo 0.4 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

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

  • 1800 flowers 320 W 1st St, Cedar Falls, IA 50613

Frequently Asked Questions

What type of property is this?
Storefront property - Open-concept commercial building with DT-Urban zoning and a long-term occupancy history.
Where is this storefront property located?
The property is located at 320 W 1st Street Cedar Falls, IA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 0.39‑acre hard‑corner site at W 1st Street and Franklin Street; 18,000+ cars pass the intersection per day; DT‑Urban zoning designation
More about this property
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