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Downtown High-Rise Office Suite
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531 Commercial Street, Waterloo, IA 50701

10th-floor office suite in the Historic Waterloo Building with adaptable layout for reception, private offices, and collaboration.

Property Size49,038 SF
Price / SF$0.86
Days on Market431

Property Features for 531 Commercial Street

General Information

Standard status Active
Size 49,038 SF
Property subtype Commercial
Zoning C
Lease Type Gross

Taxes and HOA fees

Annual Taxes $40,553

Amenities

0.31
49038

Building Details

Building Size 49,038 SF
Year Built 1914
Stories 10
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Angie Buck
Source: Pinnaclerealtyia
Added: Jun 12, 2025 Changed: Aug 16 Last Checked: Aug 16 at 3:29AM

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 GLD Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This 10th-floor office suite is located within the Historic Waterloo Building and is set up for professional use with an adaptable interior layout. The space can support a reception area, private offices, and collaborative work areas, making it suitable for a range of office-based operations.

The property is positioned in downtown Waterloo and described as offering panoramic city skyline and riverfront views. The building provides secure access, and the lobby has been refreshed. The suite also benefits from an attached parking garage for tenant convenience.

For tenants and buyers seeking a downtown, high-rise office setting, this suite’s combination of secure entry, refreshed common areas, and flexible room planning supports both client-facing functions and day-to-day administrative needs. It is a straightforward fit for professional firms, creative agencies, or organizations that need a reception presence plus dedicated private space within a single suite.

Key Highlights

  • 10th‑floor office suite in the Historic Waterloo Building
  • Adaptable layout with reception area, private offices, and collaborative workspaces
  • Secure building access with an attached parking garage

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.

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

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
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Frequently Asked Questions

What type of property is this?
Office units - 10th-floor office suite in the Historic Waterloo Building with adaptable layout for reception, private offices, and collaboration.
Where is this office units located?
The property is located at 531 Commercial Street Waterloo, IA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 10th‑floor office suite in the Historic Waterloo Building; Adaptable layout with reception area, private offices, and collaborative workspaces; Secure building access with an attached parking garage
More about this property
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