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Downtown Waterloo Office Space
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531 Commercial St, Waterloo, IA 50701

Premier 10th-floor office space in the Historic Waterloo Building.

Space Size2,097 SF - 2,500 SF
Property Size49,038 SF
Days on Market1591

Property Features for 531 Commercial St

General Information

Standard status Active
Size 2,097 SF - 2,500 SF
Property subtype Office
Lease Type Gross

Building Details

Building Size 49,038 SF
Year Built 1914
Tenancy Multiple

Spaces For Lease

at 531 Commercial St Contact us

Suite 1000

Size
2,097 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us

Suite 900

Size
2,500 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: AW Commercial & Development
Listed By: Lindsey McEnaney · License #S70812000
Source: Crexi
Added: Apr 5, 2022 Changed: Aug 8 Last Checked: Aug 11 at 3:42PM

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 AW Commercial & Development

Investment Insights

Based on property information with market context.

Located in downtown Waterloo, this 10th-floor office space is situated within the Historic Waterloo Building. As of January 7, 2026, a 2,097 square foot suite is available for lease at $1,800 per month on a gross lease basis. The suite offers panoramic views of the city skyline and riverfront. The adaptable layout can accommodate a reception area, private offices, and collaborative workspaces, making it suitable for professional firms, creative agencies, or administrative operations. The building features secure access, an attached parking garage, and a refreshed lobby.

Key Highlights

  • Premier 10th‑floor office suite in the Historic Waterloo Building.
  • Enjoy panoramic views of the city skyline and riverfront.
  • Adaptable layout for reception, private offices, and collaborative workspaces.

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

Gross
Lease Type

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

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?
Office units - Premier 10th-floor office space in the Historic Waterloo Building.
Where is this office units located?
The property is located at 531 Commercial St Waterloo, IA.
What is the lease rate?
The lease rate is $13,200/Mo.
What are key features of this property?
This property features: Premier 10th‑floor office suite in the Historic Waterloo Building.; Enjoy panoramic views of the city skyline and riverfront.; Adaptable layout for reception, private offices, and collaborative workspaces.
(319) 269-2477 Call to check price and availability
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