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Office Suite with Elevator
For Lease
$1,000/Mo

401 Main Street, Cedar Falls, IA 50613

Commercial Lease, Cedar Falls, IA

Space Size890 SF
Lot Size0.14 Acres
Days on Market25

Property Features for 401 Main Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning CD-DT
Directions On the corner of Main and E 4th Street
Standard status Active
APN 891412329004
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description GARRISON & DEANS ADDITION FRL THAT PART OF LOT 1 ORIGINAL PLAT FRL BLK E OF BLK 11 THAT PART OF LOT 1 LYING WITHIN THE FOL BOUNDARIES COM AT THE NE COR OF FRL LOT 1 IN FRL ROW IN GARRISON & DEANS ADD RUNN TH S ALONG THE E LINE OF SAID LOT TO THE CENT ER L
Tax Annual Amount 72438
Legal Description GARRISON & DEANS ADDITION FRL THAT PART OF LOT 1 ORIGINAL PLAT FRL BLK E OF BLK 11 THAT PART OF LOT 1 LYING WITHIN THE FOL BOUNDARIES COM AT THE NE COR OF FRL LOT 1 IN FRL ROW IN GARRISON & DEANS ADD RUNN TH S ALONG THE E LINE OF SAID LOT TO THE CENT ER L

Building Details

Year built 1901
Listing Agency: Lockard Realty Company
Listed By: Lindsey McEnaney · License #S70812000
Added: Oct 6 Changed: Oct 28 Last Checked: Oct 30 at 2:06PM
MLS# 20264848

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.

Rey
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Investment Insights

Based on property information with market context.

This 890-square-foot office suite occupies the second level and includes a lobby or reception area and a separate private office. Elevator access serves the upper-floor space. The building dates to 1901, and the property is zoned CD-DT.

The suite is in downtown Cedar Falls, near restaurants, shops, and other downtown amenities.

Key Highlights

  • 890‑square‑foot office suite on the second level
  • Lobby or reception area plus a private office
  • Elevator access to the second‑floor suite

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Jodi Reyerson Physical ... Physician EZT-Shirt LLC Custom T-Shirt Store Bambinos Bakery Bakery Main Street Fitness ... Gym & Fitness Center

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Grocery & Convenience Store Storage Facility Garden Center (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

NNN (Triple Net)
Lease Type
$2.02 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

734
Businesses Nearby

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

Lease Benchmarks for Cedar Falls, IA

$14.47 /SF/Yr
Avg Asking Price
$6–$21 /SF/Yr
Price Range
6,925 SF
Avg Space Size

This space is priced 7% below the average of $14.47 /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

Frequently Asked Questions

What type of property is this?
Office unit - Second-floor workspace includes a reception area and private office, served by elevator access.
Where is this office unit located?
The property is located at 401 Main Street Cedar Falls, IA.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: 890‑square‑foot office suite on the second level; Lobby or reception area plus a private office; Elevator access to the second‑floor suite
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