Flex Space with Secure
For Lease
$10,000/Mo
410 Rath Street, Waterloo, IA 50703
Commercial Lease, Waterloo, IA
Space Size28,880 SF
Lot Size4.67 Acres
Days on Market581
Property Features for 410 Rath Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
M-1
Directions
Off of Rath Street in Waterloo, Iowa.
Standard status
Active
APN
891230311002
Lot size
4.67 Acres
Additional Details
Warehouse Heated
Yes
Taxes and HOA fees
Tax Year
2023
Tax Description
LOTS 5, 6, 7, 8, 9 IN BLK 4 LAKESIDE ADD LOT 1, 2, 3, AND PART OF 4 DESC AS BEG AT THE MOST ELY COR LOT 4 TH SLY TO MOST SLY COR LOT 4 TH WLY ALONG SLY LOT LINE 20 FT TH NLY TO NLY LOT LINE TH ELY 20 FT TO POB EXC THAT PART DESC AS BEG AT MOST SLY COR LOT
Legal Description
LOTS 5, 6, 7, 8, 9 IN BLK 4 LAKESIDE ADD LOT 1, 2, 3, AND PART OF 4 DESC AS BEG AT THE MOST ELY COR LOT 4 TH SLY TO MOST SLY COR LOT 4 TH WLY ALONG SLY LOT LINE 20 FT TH NLY TO NLY LOT LINE TH ELY 20 FT TO POB EXC THAT PART DESC AS BEG AT MOST SLY COR LOT
Building Details
Year built
1950
Buildings
1
Listing Agency:
Lockard Realty Company
(319) 277-8000
Listed By:
Lindsey McEnaney · License #S70812000
(563) 419-7644
Added: Apr 1, 2025
Changed: Oct 28
Last Checked: Nov 2 at 11:06PM
MLS# 20251318
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.
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Investment Insights
Based on property information with market context.
This flex property contains a 28,880-square-foot building with nearly 27,000 square feet of climate-controlled industrial space and 1,888 square feet of recently updated office area. The industrial section has four exterior overhead doors, an interior dividing overhead door, and in-floor heat. Office improvements include private offices, a kitchenette, and a conference and waiting area.
The 4.67-acre site includes a rocked, fenced, secured yard for outdoor storage, along with a functioning truck scale. The property is zoned M-1 and is close to Highway 218. Built in 1950, the building combines industrial and office areas with substantial secured outdoor space.
The 4.67-acre site includes a rocked, fenced, secured yard for outdoor storage, along with a functioning truck scale. The property is zoned M-1 and is close to Highway 218. Built in 1950, the building combines industrial and office areas with substantial secured outdoor space.
Key Highlights
- 28,880‑square‑foot building with nearly 27,000 square feet of climate‑controlled industrial space
- 1,888 square feet of updated office space with private offices, kitchenette, and conference/waiting area
- Four exterior overhead doors and one interior dividing overhead door
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
NNN (Triple Net)
Lease Type
$0.62 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Meaders Mobile Munchies — 1121 Commercial St, Waterloo, IA 50702
Frequently Asked Questions
What type of property is this?
Flex space - Climate-controlled work areas pair with dedicated offices and a fenced outdoor storage yard.
Where is this flex space located?
The property is located at 410 Rath Street Waterloo, IA.
What is the lease rate?
The lease rate is $10,000/Mo.
What are key features of this property?
This property features: 28,880‑square‑foot building with nearly 27,000 square feet of climate‑controlled industrial space; 1,888 square feet of updated office space with private offices, kitchenette, and conference/waiting area; Four exterior overhead doors and one interior dividing overhead door
