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Heated Flex Building
For Sale
$119,900

440 W Parker Street, Waterloo, IA 50703

COMMERCIAL - Waterloo, IA

Property SizeContact for details
Lot Size0.15 Acres
Days on Market159

Property Features for 440 W Parker Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning M2
Directions Off of Broadway
Standard status Active
APN 891314404013
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LITCHFIELD ADDITION W 45 FT LOT 21 BLK 12 W 45 FT LOT 22 BLK 12
Tax Annual Amount 3227
Legal Description LITCHFIELD ADDITION W 45 FT LOT 21 BLK 12 W 45 FT LOT 22 BLK 12

Amenities

overhead doors
on-site bathroom
heated

Building Details

Year built 1947
Listing Agency: Berkshire Hathaway Home Services One Realty Centre · Berkshire Hathaway HomeServices
Listed By: Jared Hottle · License #S68688000
Added: Mar 11 Changed: Aug 5 Last Checked: Aug 16 at 5:06PM
MLS# 20260962

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 M2-zoned flex property combines a heated shop with a dedicated office area in a steel-exterior building. Two 12-foot overhead doors support loading, unloading, and equipment movement, while the on-site bathroom adds practical convenience for daily operations. The building dates to 1947 and sits on a 0.148-acre lot.

A spacious parking area accommodates employees, customers, and equipment. The property is positioned near major roadways and offers a flexible layout suited to retail, workshop, storage, trades, or light industrial use, subject to applicable requirements.

Key Highlights

  • M2 zoning with a heated shop and dedicated office area
  • Two 12‑foot overhead doors for loading and equipment access
  • Steel‑exterior building constructed in 1947

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon

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

2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby
Under-served
Demand for This Use

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Heated shop and office space with steel construction, overhead loading doors, parking, and an on-site bathroom.
Where is this flex space located?
The property is located at 440 W Parker Street Waterloo, IA.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: M2 zoning with a heated shop and dedicated office area; Two 12‑foot overhead doors for loading and equipment access; Steel‑exterior building constructed in 1947
More about this property
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