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Prime Corner Restaurant Building
New
For Sale
$175,000

504 Riehl Street, Waterloo, IA 50703

High-visibility corner commercial building across from Kwik Star with kitchen hood, office space, and ample off-street parking.

Property Size2,996 SF
Price / SF$58.41
Days on Market6

Property Features for 504 Riehl Street

General Information

Standard status Active
Size 2,996 SF
Property subtype Commercial

Additional Details

Commercial Hood Yes

Amenities

kitchen
Concrete
Corner Lot,City Street
0.55
2996

Building Details

Building Size 2,996 SF
Year Built 1976
Buildings 1
Listing Agency: Cushman & Wakefield Iowa Commercial Advisors
Listed By: Juliana Corona
Source: Pinnaclerealtyia
Added: Jul 26 Changed: Jul 31 Last Checked: Jul 31 at 3:32AM

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 Iowa Commercial Advisors

Investment Insights

Based on property information with market context.

Prime 2,996 SF commercial building on a high-visibility corner lot directly across from Kwik Star. The open-concept layout supports flexible commercial uses, including retail, restaurant, office, service business, fitness, storage, or other commercial concepts. The interior includes concrete and includes office space, two bathrooms, and a kitchen with a hood, sinks, and select appliances.

The property is situated on a corner lot on a city street and includes ample off-street parking for customer and employee access. Built in 1976, the building is offered for sale or lease with a modified gross lease structure noted for leasing.

This is a strong fit for an owner-user or a tenant looking for a versatile, visible location with both front-of-house and back-of-house elements already in place, including kitchen utilities and dedicated restroom space.

Key Highlights

  • 2,996 SF open‑concept commercial building on a corner lot across from Kwik Star
  • Kitchen with hood, sinks, and select appliances
  • Two bathrooms plus office space

Property Analytics

Current Use

Conventional restaurants

Suggested Use

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

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
Balanced
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - High-visibility corner commercial building across from Kwik Star with kitchen hood, office space, and ample off-street parking.
Where is this conventional restaurant located?
The property is located at 504 Riehl Street Waterloo, IA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 2,996 SF open‑concept commercial building on a corner lot across from Kwik Star; Kitchen with hood, sinks, and select appliances; Two bathrooms plus office space
More about this property
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