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Second-Floor Private Office Unit
For Lease
$350/Mo

531 Commercial Street #202, Waterloo, IA 50701

Compact office accommodation with a separate workspace and room for a waiting area in a historic commercial building.

Space Size362 SF
Property Size49,038 SF
Days on Market1043

Property Features for 531 Commercial Street #202

General Information

Standard status Active
Size 362 SF
Net Rentable 362 SF
Zoning C-3

Space & Availability

Available Space 362 SF
Contiguous Space 362 SF
Floor 2
Space Use Office
Private Offices 1

Taxes and HOA fees

Annual Taxes $51,848

Building Details

Building Size 49,038 SF
Year Built 1914
Listing Agency: AWRE - Commercial & Development
Listed By: Lindsey McEnaney · License #S70812000
Source: Sweeneyrealestate
Added: Oct 10, 2023 Changed: Aug 14 Last Checked: Aug 16 at 3:10PM

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 AWRE - Commercial & Development

Investment Insights

Based on property information with market context.

This 362-square-foot office unit occupies the second floor of the Waterloo Building at 531 Commercial Street #202 in Waterloo, Iowa. The layout includes one private office with room that can accommodate a waiting area.

Built in 1914, the property is zoned C-3. The unit provides a defined office setting within a commercial building in downtown Waterloo.

Key Highlights

  • 362 square feet of second‑floor office space
  • One private office with room for a waiting area
  • Located at 531 Commercial Street #202, Waterloo, IA 50701

Property Analytics

Current Use

The Waterloo Building Real Estate Agency Toddler Town Playstation ... Event Planning Rosemont Companies Construction Company Ashley Hinson Government Office

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Pharmacy Skin Care Clinic Storage Facility Auto Parts Store

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
$1.74 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,361
Businesses Nearby

Demographics for 50701, IA

29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value

Market

Lease Benchmarks for Waterloo, IA

$8.76 /SF/Yr
Avg Asking Price
$0.54–$24 /SF/Yr
Price Range
13,202 SF
Avg Space Size

This space is priced 32% above the average of $8.76 /SF/Yr.

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?
Office units - Compact office accommodation with a separate workspace and room for a waiting area in a historic commercial building.
Where is this office units located?
The property is located at 531 Commercial Street #202 Waterloo, IA.
What is the lease rate?
The lease rate is $350/Mo.
What are key features of this property?
This property features: 362 square feet of second‑floor office space; One private office with room for a waiting area; Located at 531 Commercial Street #202, Waterloo, IA 50701
More about this property
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