Office Suite with Flex
518 Western Avenue, Waterloo, IA 50702
For Lease
$950/Mo
Available for lease with a mix of private offices and adaptable work area.
Space Size1,556 SF
Days on Market1093
Property Features for 518 Western Avenue
General Information
Standard status
Size
Net Rentable
Zoning
Lease Term
Space & Availability
Available Space
Contiguous Space
Space Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Fischels Commercial Group
(319) 234-5000
Listed By:
Chris Fischels · License IA B44779000
(319) 830-5000
Source:
Gnbrealestate
Added: Nov 13, 2023
Changed: Nov 8
Last Checked: Nov 9 at 10:14AM
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 Fischels Commercial Group
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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.
The 1,556-square-foot office suite at 518 Western Avenue includes flexible open work area, separate offices, and a half bath. The building was constructed in 1965, and the space is offered for lease.
The property is in Waterloo, Iowa, near W 4th Street, and is zoned R-4.
The property is in Waterloo, Iowa, near W 4th Street, and is zoned R-4.
Key Highlights
- 1,556 square feet of office space
- Open flex area, separate offices, and a half bath
- R‑4 zoning
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
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Business Placement
Demographics for 50702, IA
20,447
Population
9,722
Households
2.1
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
2,086
Density / Sq Mi
$59,784
Median Household Income
$38,826
Median Earnings
$926
Median Rent
$145,800
Median Home Value
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Market
Lease Benchmarks for Waterloo, IA
$23.43 /SF/Yr
Avg Asking Price
$2.21–$180 /SF/Yr
Price Range
17,214 SF
Avg Space Size
This space is priced 69% below the average of $23.43 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Waterloo, IA
Properties on Market for Office Units in Waterloo
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Available for lease with a mix of private offices and adaptable work area.
Where is this office unit located?
The property is located at 518 Western Avenue Waterloo, IA.
What is the lease rate?
The lease rate is $950/Mo.
What are key features of this property?
This property features: 1,556 square feet of office space; Open flex area, separate offices, and a half bath; R‑4 zoning
