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Mixed-Use Suite with Private Offices

325 Franklin Street, Waterloo, IA 50703

For Lease
$1,300/Mo

C-2-zoned space combines office rooms with a showroom behind street-facing windows.

Space Size1,250 SF
Property Size2,400 SF
Days on Market839

Property Features for 325 Franklin Street

General Information

Standard status Active
Size 1,250 SF
Net Rentable 1,250 SF
Zoning C-2

Space & Availability

Available Space 1,250 SF
Contiguous Space 1,250 SF
Space Use Retail

Additional Details

Anchor Co-Tenants Hometown Cash Advance, Dollar General, All in Grocers, Cenex, Earths Beauty Supply, Los Reyes

Taxes and HOA fees

Annual Taxes $4,206

Amenities

large front facing windows
three private offices
show room

Building Details

Building Size 2,400 SF
Year Built 1997
Tenancy Multi
Listing Agency: Miehe Commercial Real Estate
Listed By: Matt Miehe · License IA B58183000
Source: Gnbrealestate
Added: Jul 24, 2024 Changed: Nov 9 Last Checked: Nov 9 at 2:06PM

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

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Investment Insights

Based on property information with market context.

This mixed-use suite offers 1,250 square feet arranged with three private offices and a showroom, separated by a false wall. Street-facing windows bring natural light into the space. The building dates to 1997, and the property is zoned C-2.

Located at 325 Franklin Street in downtown Waterloo, the suite shares its property with Hometown Cash Advance. Nearby businesses include Dollar General, All In Grocers, Cenex, Earths Beauty Supply, and Los Reyes.

Key Highlights

  • 1,250 SF with three private offices and a showroom
  • Street‑facing windows provide natural light
  • C‑2 zoning; built in 1997

Property Analytics

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Open Analytics

Current Use

Cricket Wireless Authorized ... Mobile Phone Store

Suggested Use

Top Pick Locksmith Catering Service Home Appliance Store Butcher Acupuncture (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.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.87 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

993
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 39% Home Improvements & Furnishings 5% Groceries 4%
Hardee's Dining
6,419 visits/mo 0.4 miles
Dollar General Shops & Services
4,963 visits/mo 0.1 miles
Cenex Shops & Services
2,650 visits/mo 0.1 miles
Regions Bank Shops & Services
976 visits/mo 0.2 miles
Spellers True Value Home Improvements & Furnishings
880 visits/mo 0.3 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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - C-2-zoned space combines office rooms with a showroom behind street-facing windows.
Where is this mixed-use property located?
The property is located at 325 Franklin Street Waterloo, IA.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: 1,250 SF with three private offices and a showroom; Street‑facing windows provide natural light; C‑2 zoning; built in 1997
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