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Downtown Corner Retail Suite

504 Sycamore Street, Waterloo, IA 50703

For Lease
$750/Mo

The space sits near MET Transit’s central bus station and several downtown destinations.

Space SizeContact for details
Property Size54,009 SF
Days on Market925

Property Features for 504 Sycamore Street

General Information

Standard status Active
Size 54,009 SF
Zoning C-3

Taxes and HOA fees

Annual Taxes $83,398

Building Details

Building Size 54,009 SF
Year Built 1929
Listing Agency: Miehe Commercial Real Estate
Listed By: Matt Miehe · License IA B58183000
Source: Gnbrealestate
Added: Apr 29, 2024 Changed: Nov 8 Last Checked: Nov 9 at 8:08AM

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 Miehe Commercial Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail suite occupies a corner at Sycamore Street and E. Park Avenue in downtown Waterloo. The building dates to 1929, and the property is zoned C-3.

Nearby destinations include Wiggly Dog Park and the Black's Building. MET Transit’s central bus station is also close by.

Key Highlights

  • Corner position at Sycamore Street and E. Park Avenue in downtown Waterloo
  • C‑3 zoning
  • Building constructed in 1929

Property Analytics

Current Use

Plezi Bar Bar & Pub

Suggested Use

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

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,286
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Dining 26% Hotels & Casinos 15% Groceries 3%
Hardee's Dining
6,419 visits/mo 0.3 miles
BP Shops & Services
5,020 visits/mo 0.5 miles
Dollar General Shops & Services
4,963 visits/mo 0.3 miles
Cenex Shops & Services
2,650 visits/mo 0.2 miles
Best Western Plus Executive Residency Waterloo & Cedar Falls Hotels & Casinos
2,624 visits/mo 0.3 miles

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

Lease Benchmarks for Waterloo, IA

$20.16 /SF/Yr
Avg Asking Price
$6–$40 /SF/Yr
Price Range
15,146 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Waterloo, IA

$16.91 Jul
$20.48 Aug
$21.79 Sep
$20.16 Oct

Properties on Market for Retail space in Waterloo

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The space sits near MET Transit’s central bus station and several downtown destinations.
Where is this retail space located?
The property is located at 504 Sycamore Street Waterloo, IA.
What is the lease rate?
The lease rate is $750/Mo.
What are key features of this property?
This property features: Corner position at Sycamore Street and E. Park Avenue in downtown Waterloo; C‑3 zoning; Building constructed in 1929
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Includes: Price & PSF · Cap rate · Location · Zoning

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