Building Details

Year Built 1973

Buildings 1

Stories 3

Units 1

Listing Agency: Cushman & Wakefield - West Des Moines, Iowa

Listed By: Dustin Whitehead · License #IA B42209000 Show Phone

Source: Crexi

Added: Nov 14, 2024 Changed: Sep 6 Last Checked: Sep 7 at 3:38AM

Report an Issue

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 Cushman & Wakefield - West Des Moines, Iowa

Investment Insights

Based on property information with market context.

This is a 3-story, 38,940 square foot former bank building situated on 1.308 acres. The property is located in the central business district of Waterloo, Iowa, and includes a large parking lot. The property is suitable for office and retail use.

Key Highlights

• 38,940 SF former bank building
• Located in the central business district of Waterloo, IA
• Large parking lot

Property Analytics

Property Profile

Current Use

Junior Achievement of Eastern ... Social Service Agency U.S. Bancorp Investments ... Financial Advisor Cedar Valley United ... Charitable Organization US Bank Mortgage Loan Service U.S. Bank Branch Bank

Suggested Use

Top Pick Skin Care Clinic Locksmith Pharmacy Home Appliance Store Catering Service Garden Center

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

1,275

Businesses Nearby

Explore this area Business Placement

Demographics for 50701, IA

29,806

Population

14,530

Households

2.1

Avg Household Size

39

Median Age

30%

College-Educated

95%

High-School Grad

79.1 sq mi

ZIP Area

377

Density / Sq Mi

$62,857

Median Household Income

$41,464

Median Earnings

$846

Median Rent

$183,400

Median Home Value

Market

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Two-Story Retail and Office Building

3295 University Avenue, Waterloo, IA 50701

$750,000

13,824 SF

View details

Multi-Tenant Strip Center

3620-3628 Kimball Avenue, Waterloo, IA 50702

$1,500,000

6,720 SF

View details

Flex Space with Office Area

106 E 9 Street, Waterloo, IA 50703

$199,900

4,475 SF

View details

Industrial Office Building with Dock

1224 Laporte Rd, Waterloo, IA 50702

$2,575,000

40,174 SF

View details

Flex Space with Warehouse Capacity

3050 Wagner Rd, Waterloo, IA 50703

$1,100,000

23,065 SF

View details

Flex Building with Warehouse Space

2-106 E 9th St, Waterloo, IA 50703

$199,900

4,475 SF

View details

Truck Service and Wash Facility

170 W 18th Street, Waterloo, IA 50702

$450,000

8,320 SF

View details

Vacant Retail/Office Building

701 W 5th Street, Waterloo, IA 50702

$135,000

3,297 SF

View details

Flexible Industrial Space

3050 Wagner Road, Waterloo, IA 50703

$1,100,000

3.05 Acres

View details

Turn-Key Laundromat with Real Estate

623 Broadway Street, Waterloo, IA 50703

$439,900

3,492 SF

View details

Medical Office Building

1210 Southtown Drive, Waterloo, IA 50702

$269,900

2,972 SF

View details

Two-Story Office Building

3295 University Avenue, Waterloo, IA 50701

$750,000

0.90 Acres

View details

Frequently Asked Questions

What type of property is this?

Office building - 38,940 SF former bank building in Waterloo's central business district.

Where is this office building located?

The property is located at 425 Cedar St Waterloo, IA.

What is the asking price?

The asking price for this property is $640,000.

What are key features of this property?

This property features: 38,940 SF former bank building; Located in the central business district of Waterloo, IA; Large parking lot