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Flex Building with Dock Doors
New
For Sale
$115,000

440 W Parker Street, Waterloo, IA 50703

Commercial Sale, Waterloo, IA

Property SizeContact for details
Lot Size0.15 Acres
Days on Market1

Property Features for 440 W Parker Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning M2
Directions Broadway to Parker
Standard status Active
APN 891314453004
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description ACKERMANT ADDITION N 20 FT LOT 5 BLK 2 LOT 6 BLK 2
Tax Annual Amount 3227
Legal Description ACKERMANT ADDITION N 20 FT LOT 5 BLK 2 LOT 6 BLK 2

Amenities

dedicated office
bathroom
forced air heating
central air conditioning

Building Details

Year built 1947
Listing Agency: Berkshire Hathaway Home Serv · Berkshire Hathaway HomeServices
Listed By: Jared Hottle · License #S68688000
Added: Sep 14 Last Checked: Sep 14 at 2:06PM
MLS# 20264413

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 1947 flex building provides over 2,000 sq. ft. of functional commercial space on a 0.15-acre parcel. The layout includes two dock doors, a dedicated office, and a bathroom, with forced-air heat and central AC for year-round operation. M2 zoning supports its industrial commercial classification.

Located at 440 W Parker Street in Waterloo, the property benefits from a new road along the frontage and access to major highways. The building’s configuration and existing improvements support a range of commercial applications, including auto repair, small-scale manufacturing, and storage.

Key Highlights

  • Over 2,000 sq. ft. of commercial space on a 0.15‑acre parcel
  • Two dock doors support loading and receiving
  • Dedicated office and bathroom included

Property Analytics

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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
Dock-high doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

186
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - M2-zoned flex property with dock access, office space, and year-round heating and cooling.
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 $115,000.
What are key features of this property?
This property features: Over 2,000 sq. ft. of commercial space on a 0.15‑acre parcel; Two dock doors support loading and receiving; Dedicated office and bathroom included
More about this property
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